Bumble Inc (BMBL)’s Market Momentum: Closing Strong at 5.99, Up 2.39

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

As of close of business last night, Bumble Inc’s stock clocked out at $5.99, up 2.39% from its previous closing price of $5.85. In other words, the price has increased by $2.39 from its previous closing price. On the day, 3.89 million shares were traded. BMBL stock price reached its highest trading level at $6.0 during the session, while it also had its lowest trading level at $5.7809.

Ratios:

To gain a deeper understanding of BMBL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.99. For the most recent quarter (mrq), Quick Ratio is recorded 2.83 and its Current Ratio is at 2.83. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.76.

TD Cowen Downgraded its Buy to Hold on August 16, 2024, whereas the target price for the stock was revised from $22 to $7.50.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 895510912 and an Enterprise Value of 1584334592. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 1.507 whereas that against EBITDA is 6.262.

Stock Price History:

The Beta on a monthly basis for BMBL is 1.92, which has changed by -0.506183 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, BMBL has reached a high of $12.49, while it has fallen to a 52-week low of $3.55. The 50-Day Moving Average of the stock is 30.96%, while the 200-Day Moving Average is calculated to be -9.79%.

Shares Statistics:

It appears that BMBL traded 4.16M shares on average per day over the past three months and 5072870 shares per day over the past ten days. A total of 103.19M shares are outstanding, with a floating share count of 68.68M. Insiders hold about 33.47% of the company’s shares, while institutions hold 69.43% stake in the company. Shares short for BMBL as of 1745971200 were 15164136 with a Short Ratio of 3.65, compared to 1743379200 on 14760661. Therefore, it implies a Short% of Shares Outstanding of 15164136 and a Short% of Float of 36.52.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.