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The price of Bumble Inc (NASDAQ: BMBL) closed at $6.50 in the last session, up 3.01% from day before closing price of $6.31. In other words, the price has increased by $3.01 from its previous closing price. On the day, 2.36 million shares were traded. BMBL stock price reached its highest trading level at $6.665 during the session, while it also had its lowest trading level at $6.34.
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 2.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.44. 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 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, 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 1136096000 and an Enterprise Value of 1813180800. As of this moment, Bumble’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.24, and their Forward P/E ratio for the next fiscal year is 8.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 1.67 whereas that against EBITDA is 10.578.
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 -6.24%, while the 200-Day Moving Average is calculated to be -38.59%.
Shares Statistics:
According to the various share statistics, BMBL traded on average about 3.90M shares per day over the past 3-months and 2721660 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 27.45% of the company’s shares, while institutions hold 70.45% stake in the company. Shares short for BMBL as of 1726185600 were 17293401 with a Short Ratio of 4.44, compared to 1723680000 on 17503267. Therefore, it implies a Short% of Shares Outstanding of 17293401 and a Short% of Float of 18.090001.
