Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Bumble Inc (NASDAQ: BMBL) was $8.23 for the day, up 1.60% from the previous closing price of $8.10. In other words, the price has increased by $1.60 from its previous closing price. On the day, 2.24 million shares were traded. BMBL stock price reached its highest trading level at $8.515 during the session, while it also had its lowest trading level at $8.215.
Ratios:
Our analysis of BMBL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.92. 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.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1287394176 and an Enterprise Value of 1784485888. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 1.647 whereas that against EBITDA is 9.362.
Stock Price History:
The Beta on a monthly basis for BMBL is 1.70, which has changed by -0.43789035 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, BMBL has reached a high of $15.05, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is 2.21%, while the 200-Day Moving Average is calculated to be -6.06%.
Shares Statistics:
BMBL traded an average of 2.30M shares per day over the past three months and 1740810 shares per day over the past ten days. A total of 112.56M shares are outstanding, with a floating share count of 73.47M. Insiders hold about 32.09% of the company’s shares, while institutions hold 73.43% stake in the company. Shares short for BMBL as of 1734048000 were 9433516 with a Short Ratio of 4.10, compared to 1731628800 on 10388604. Therefore, it implies a Short% of Shares Outstanding of 9433516 and a Short% of Float of 12.2200005.
