In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Bumble Inc (NASDAQ: BMBL) closed at $5.99 in the last session, down -2.12% from day before closing price of $6.12. In other words, the price has decreased by -$2.12 from its previous closing price. On the day, 2.51 million shares were traded.
Ratios:
We take a closer look at BMBL’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 0.59 while its Price-to-Book (P/B) ratio in mrq is 0.76.
Stock Price History:
Over the past 52 weeks, BMBL has reached a high of $12.03, while it has fallen to a 52-week low of $3.55. The 50-Day Moving Average of the stock is 25.59%, while the 200-Day Moving Average is calculated to be -8.23%.
Shares Statistics:
A total of 103.19M shares are outstanding, with a floating share count of 68.97M. Insiders hold about 33.22% of the company’s shares, while institutions hold 67.91% stake in the company.
