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The closing price of Bumble Inc (NASDAQ: BMBL) was $7.83 for the day, up 4.82% from the previous closing price of $7.47. In other words, the price has increased by $4.82 from its previous closing price. On the day, 1.37 million shares were traded. BMBL stock price reached its highest trading level at $7.99 during the session, while it also had its lowest trading level at $7.6806.
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 3.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.61. 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 1224823424 and an Enterprise Value of 1741212928. 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 1.607 whereas that against EBITDA is 9.135.
Stock Price History:
The Beta on a monthly basis for BMBL is 1.71, which has changed by -0.46642858 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, BMBL has reached a high of $14.65, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is -3.48%, while the 200-Day Moving Average is calculated to be -9.59%.
Shares Statistics:
BMBL traded an average of 2.32M shares per day over the past three months and 1892080 shares per day over the past ten days. A total of 112.56M shares are outstanding, with a floating share count of 73.54M. Insiders hold about 32.03% of the company’s shares, while institutions hold 73.42% stake in the company. Shares short for BMBL as of 1735603200 were 8805171 with a Short Ratio of 3.80, compared to 1732838400 on 10075283. Therefore, it implies a Short% of Shares Outstanding of 8805171 and a Short% of Float of 11.399999.
