Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating 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
After finishing at $11.84 in the prior trading day, Bumble Inc (NASDAQ: BMBL) closed at $11.81, down -0.25%. In other words, the price has decreased by -$0.25 from its previous closing price. On the day, 1.56 million shares were traded. BMBL stock price reached its highest trading level at $12.03 during the session, while it also had its lowest trading level at $11.67.
Ratios:
Our goal is to gain a better understanding of BMBL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.30. 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 Mar 03 ’24 when BTOA – NQ L.L.C. sold 2,509,316 shares for $11.10 per share. The transaction valued at 27,845,378 led to the insider holds 12,802 shares of the business.
BCP Buzz Holdings L.P. sold 2,509,316 shares of BMBL for $27,845,378 on Mar 03 ’24. The 10% Owner now owns 12,802 shares after completing the transaction at $11.10 per share. On Mar 03 ’24, another insider, BX Buzz ML-1 GP LLC, 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 2060172032 and an Enterprise Value of 2520012544. As of this moment, Bumble’s Price-to-Earnings (P/E) ratio for their current fiscal year is 105.92, and their Forward P/E ratio for the next fiscal year is 11.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 2.341 whereas that against EBITDA is 18.932.
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 $9.83. The 50-Day Moving Average of the stock is 7.62%, while the 200-Day Moving Average is calculated to be -10.93%.
Shares Statistics:
The stock has traded on average 3.07M shares per day over the past 3-months and 1784360 shares per day over the last 10 days, according to various share statistics. A total of 130.69M shares are outstanding, with a floating share count of 89.73M. Insiders hold about 28.90% of the company’s shares, while institutions hold 70.92% stake in the company. Shares short for BMBL as of 1715731200 were 11238341 with a Short Ratio of 3.66, compared to 1713139200 on 12346597. Therefore, it implies a Short% of Shares Outstanding of 11238341 and a Short% of Float of 11.799999999999999.
