Market Resilience: Bumble Inc (BMBL) Finishes Weak at 9.34, Down -3.71

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Bumble Inc (NASDAQ: BMBL) closed the day trading at $9.34 down -3.71% from the previous closing price of $9.70. In other words, the price has decreased by -$3.71 from its previous closing price. On the day, 2.51 million shares were traded. BMBL stock price reached its highest trading level at $9.7 during the session, while it also had its lowest trading level at $9.29.

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 4.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.96 and its Current Ratio is at 1.96. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.39.

BTIG Research reiterated its Buy rating for the stock on February 28, 2024, while the target price for the stock was revised from $20 to $15.

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 Jun 07 ’24 when MATHER ANN sold 7,492 shares for $11.41 per share. The transaction valued at 85,506 led to the insider holds 29,030 shares of the business.

Hsiao Sissie L. sold 5,496 shares of BMBL for $62,717 on Jun 07 ’24. The Director now owns 43,278 shares after completing the transaction at $11.41 per share. On Mar 03 ’24, another insider, BTOA – NQ L.L.C., who serves as the 10% Owner of the company, sold 2,509,316 shares for $11.10 each. As a result, the insider received 27,845,378 and left with 12,802 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 1629297664 and an Enterprise Value of 2208301824. As of this moment, Bumble’s Price-to-Earnings (P/E) ratio for their current fiscal year is 83.77, and their Forward P/E ratio for the next fiscal year is 8.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 2.051 whereas that against EBITDA is 16.59.

Stock Price History:

Over the past 52 weeks, BMBL has reached a high of $21.06, while it has fallen to a 52-week low of $9.52. The 50-Day Moving Average of the stock is -14.37%, while the 200-Day Moving Average is calculated to be -26.30%.

Shares Statistics:

Over the past 3-months, BMBL traded about 2.75M shares per day on average, while over the past 10 days, BMBL traded about 2485290 shares per day. A total of 130.69M shares are outstanding, with a floating share count of 88.52M. Insiders hold about 29.85% of the company’s shares, while institutions hold 70.50% stake in the company. Shares short for BMBL as of 1718323200 were 12633114 with a Short Ratio of 4.59, compared to 1715731200 on 11238341. Therefore, it implies a Short% of Shares Outstanding of 12633114 and a Short% of Float of 13.270001.

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