Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Bumble Inc’s stock clocked out at $5.56, up 26.65% from its previous closing price of $4.39. In other words, the price has increased by $26.65 from its previous closing price. On the day, 12.79 million shares were traded.
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 2.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.70. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 2.83. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.75.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 0.73.
Stock Price History:
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 23.41%, while the 200-Day Moving Average is calculated to be -17.07%.
Shares Statistics:
A total of 107.11M shares are outstanding, with a floating share count of 68.94M. Insiders hold about 33.22% of the company’s shares, while institutions hold 73.14% stake in the company.
