Bumble Inc. (NASDAQ:BMBL) went down by -6.10% from its latest closing price compared to the recent 1-year high of $84.80. The company’s stock price has collected -8.83% of loss in the last five trading sessions. The Wall Street Journal reported 11 hours ago that Fringe Dating Apps Deserve More Bantr
Is It Worth Investing in Bumble Inc. (NASDAQ :BMBL) Right Now?
Opinions of the stock are interesting as 7 analysts out of 15 who provided ratings for Bumble Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $61.93, which is $7.92 above the current price. BMBL currently public float of 64.36M and currently shorts hold a 11.22% ratio of that float. Today, the average trading volume of BMBL was 1.96M shares.
BMBL’s Market Performance
BMBL stocks went down by -8.83% for the week, with a monthly jump of 7.52% and a quarterly performance of 6.70%. The volatility ratio for the week stands at 7.74% while the volatility levels for the past 30 days are set at 5.96% for Bumble Inc.. The simple moving average for the period of the last 20 days is 1.99% for BMBL stocks with a simple moving average of -2.01% for the last 200 days.
Analysts’ Opinion of BMBL
Many brokerage firms have already submitted their reports for BMBL stocks, with RBC Capital Mkts repeating the rating for BMBL by listing it as a “Outperform.” The predicted price for BMBL in the upcoming period, according to RBC Capital Mkts is $65 based on the research report published on July 09th of the current year 2021.
BTIG Research, on the other hand, stated in their research note that they expect to see BMBL reach a price target of $77. The rating they have provided for BMBL stocks is “Buy” according to the report published on April 12th, 2021.
Evercore ISI gave a rating of “In-line” to BMBL, setting the target price at $64 in the report published on April 06th of the current year.
BMBL Trading at 5.75% from the 50-Day Moving Average
After a stumble in the market that brought BMBL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.55% of loss for the given period.
Volatility was left at 5.96%, however, over the last 30 days, the volatility rate increased by 7.74%, as shares surge +10.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.14% lower at present.
During the last 5 trading sessions, BMBL fell by -8.83%, in comparison to the 20-day moving average, which settled at $53.84. In addition, Bumble Inc. saw -22.27% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BMBL starting from Griffin Amy, who purchase 117,500 shares at the price of $42.81 back on May 26. After this action, Griffin Amy now owns 117,500 shares of Bumble Inc., valued at $5,029,962 using the latest closing price.
Shaukat Tariq M, the President of Bumble Inc., purchase 200 shares at $39.94 during a trade that took place back on May 20, which means that Shaukat Tariq M is holding 200 shares at $7,988 based on the most recent closing price.
Stock Fundamentals for BMBL
Current profitability levels for the company are sitting at:
- -2.04 for the present operating margin
- +57.13 for the gross margin
The net margin for Bumble Inc. stands at -24.99.
Based on Bumble Inc. (BMBL), the company’s capital structure generated 40.16 points at debt to equity in total, while total debt to capital is 28.65. Total debt to assets is 22.93, with long-term debt to equity ratio resting at 39.67. Finally, the long-term debt to capital ratio is 28.30.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.