Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Bumble Inc (NASDAQ: BMBL) closed the day trading at $5.21 down -4.75% from the previous closing price of $5.47. In other words, the price has decreased by -$4.75 from its previous closing price. On the day, 7.18 million shares were traded.
Ratios:
For a better understanding of BMBL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.06. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.69.
Stock Price History:
Over the past 52 weeks, BMBL has reached a high of $13.36, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is -34.11%, while the 200-Day Moving Average is calculated to be -37.39%.
Shares Statistics:
A total of 112.56M shares are outstanding, with a floating share count of 73.46M. Insiders hold about 32.10% of the company’s shares, while institutions hold 70.70% stake in the company.
