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In the latest session, Bumble Inc (NASDAQ: BMBL) closed at $7.82 down -1.51% from its previous closing price of $7.94. In other words, the price has decreased by -$1.51 from its previous closing price. On the day, 1.39 million shares were traded. BMBL stock price reached its highest trading level at $8.085 during the session, while it also had its lowest trading level at $7.795.
Ratios:
For a deeper understanding of Bumble Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.60. For the most recent quarter (mrq), Quick Ratio is recorded 2.09 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.73.
On August 16, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $22 to $7.50.
Susquehanna Downgraded its Positive to Neutral on August 09, 2024, whereas the target price for the stock was revised from $14 to $6.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 04 ’24 when Hsiao Sissie L. sold 2,707 shares for $6.76 per share. The transaction valued at 18,293 led to the insider holds 40,571 shares of the business.
Hsiao Sissie L. bought 2,707 shares of BMBL for $18,293 on Oct 04 ’24. On Jun 07 ’24, another insider, MATHER ANN, who serves as the Director of the company, sold 7,492 shares for $11.41 each. As a result, the insider received 85,506 and left with 29,030 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BMBL now has a Market Capitalization of 1223259264 and an Enterprise Value of 1740131072. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 1.606 whereas that against EBITDA is 9.129.
Stock Price History:
Over the past 52 weeks, BMBL has reached a high of $15.90, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is 11.86%, while the 200-Day Moving Average is calculated to be -16.41%.
Shares Statistics:
For the past three months, BMBL has traded an average of 2.83M shares per day and 3316680 over the past ten days. A total of 130.69M shares are outstanding, with a floating share count of 78.50M. Insiders hold about 27.44% of the company’s shares, while institutions hold 73.42% stake in the company. Shares short for BMBL as of 1730332800 were 12506133 with a Short Ratio of 4.41, compared to 1727654400 on 15437876. Therefore, it implies a Short% of Shares Outstanding of 12506133 and a Short% of Float of 15.329999999999998.
