Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Bumble Inc (NASDAQ: BMBL) closed at $7.97 in the last session, down -2.09% from day before closing price of $8.14. In other words, the price has decreased by -$2.09 from its previous closing price. On the day, 1.5 million shares were traded. BMBL stock price reached its highest trading level at $8.305 during the session, while it also had its lowest trading level at $7.95.
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 3.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.69. 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:
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:
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 1246723200 and an Enterprise Value of 1756358400. 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 1.05. Its current Enterprise Value per Revenue stands at 1.621 whereas that against EBITDA is 9.215.
Stock Price History:
Over the past 52 weeks, BMBL has reached a high of $15.05, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is -0.57%, while the 200-Day Moving Average is calculated to be -9.32%.
Shares Statistics:
According to the various share statistics, BMBL traded on average about 2.31M shares per day over the past 3-months and 1840230 shares per day over the past 10 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 73.43% stake in the company. Shares short for BMBL as of 1734048000 were 9433516 with a Short Ratio of 4.08, compared to 1731628800 on 10388604. Therefore, it implies a Short% of Shares Outstanding of 9433516 and a Short% of Float of 12.2200005.
