Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Bumble Inc (NASDAQ: BMBL) was $7.88 for the day, up 1.68% from the previous closing price of $7.75. In other words, the price has increased by $1.68 from its previous closing price. On the day, 1.41 million shares were traded. BMBL stock price reached its highest trading level at $7.995 during the session, while it also had its lowest trading level at $7.775.
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 3.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.73. 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:
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 1232644864 and an Enterprise Value of 1732558336. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 1.599 whereas that against EBITDA is 9.09.
Stock Price History:
Over the past 52 weeks, BMBL has reached a high of $15.33, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is -0.17%, while the 200-Day Moving Average is calculated to be -11.17%.
Shares Statistics:
BMBL traded an average of 2.43M shares per day over the past three months and 2495680 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 73.41% stake in the company. Shares short for BMBL as of 1732838400 were 10075283 with a Short Ratio of 4.15, compared to 1730332800 on 12506133. Therefore, it implies a Short% of Shares Outstanding of 10075283 and a Short% of Float of 13.05.
