Market Recap Check: Bumble Inc (BMBL)’s Positive Finish at 7.81, Up/Down 4.41

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Bumble Inc (NASDAQ: BMBL) closed at $7.81 in the last session, up 4.41% from day before closing price of $7.48. In other words, the price has increased by $4.41 from its previous closing price. On the day, 7.26 million shares were traded. BMBL stock price reached its highest trading level at $7.91 during the session, while it also had its lowest trading level at $7.4529.

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 3.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.54. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.38.

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 1365063040 and an Enterprise Value of 1978947840. As of this moment, Bumble’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.72, and their Forward P/E ratio for the next fiscal year is 11.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 1.823 whereas that against EBITDA is 11.546.

Stock Price History:

Over the past 52 weeks, BMBL has reached a high of $15.90, while it has fallen to a 52-week low of $4.80. The 50-Day Moving Average of the stock is 16.13%, while the 200-Day Moving Average is calculated to be -18.78%.

Shares Statistics:

According to the various share statistics, BMBL traded on average about 3.65M shares per day over the past 3-months and 2589510 shares per day over the past 10 days. A total of 130.69M shares are outstanding, with a floating share count of 91.81M. Insiders hold about 27.44% of the company’s shares, while institutions hold 69.62% stake in the company. Shares short for BMBL as of 1728950400 were 16020230 with a Short Ratio of 4.39, compared to 1726185600 on 17293401. Therefore, it implies a Short% of Shares Outstanding of 16020230 and a Short% of Float of 16.76.

Most Popular