In the past week, BMBL stock has gone up by 1.16%, with a monthly decline of -0.47% and a quarterly plunge of -20.61%. The volatility ratio for the week is 3.46%, and the volatility levels for the last 30 days are 3.76% for Bumble Inc The simple moving average for the last 20 days is 1.00% for BMBL’s stock, with a simple moving average of -24.50% for the last 200 days.
Is It Worth Investing in Bumble Inc (NASDAQ: BMBL) Right Now?
The stock has a 36-month beta value of 1.68. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BMBL is 92.49M, and at present, short sellers hold a 13.35% of that float. On May 07, 2024, the average trading volume of BMBL was 3.07M shares.
BMBL) stock’s latest price update
Bumble Inc (NASDAQ: BMBL)’s stock price has soared by 3.35 in relation to previous closing price of 10.14. Nevertheless, the company has seen a gain of 1.16% in its stock price over the last five trading days. InvestorPlace reported 2024-05-06 that If you really want to maximize your return potential, then acquiring stocks near 52-week lows could present a viable opportunity. Stated simply, it’s a way to practice buying low and selling high.
Analysts’ Opinion of BMBL
Many brokerage firms have already submitted their reports for BMBL stocks, with Morgan Stanley repeating the rating for BMBL by listing it as a “Equal-Weight.” The predicted price for BMBL in the upcoming period, according to Morgan Stanley is $13 based on the research report published on April 18, 2024 of the current year 2024.
BTIG Research gave a rating of “Buy” to BMBL, setting the target price at $15 in the report published on February 28th of the current year.
BMBL Trading at -3.52% 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 -50.23% of loss for the given period.
Volatility was left at 3.76%, however, over the last 30 days, the volatility rate increased by 3.46%, as shares sank -1.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.06% lower at present.
During the last 5 trading sessions, BMBL rose by +1.16%, which changed the moving average for the period of 200-days by -44.81% in comparison to the 20-day moving average, which settled at $10.37. In addition, Bumble Inc saw -28.90% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BMBL starting from BTOA – NQ L.L.C., who sale 2,509,316 shares at the price of $11.10 back on Mar 03 ’24. After this action, BTOA – NQ L.L.C. now owns 12,802 shares of Bumble Inc, valued at $27,845,378 using the latest closing price.
BCP Buzz Holdings L.P., the 10% Owner of Bumble Inc, sale 2,509,316 shares at $11.10 during a trade that took place back on Mar 03 ’24, which means that BCP Buzz Holdings L.P. is holding 12,802 shares at $27,845,378 based on the most recent closing price.
Stock Fundamentals for BMBL
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.69 for the gross margin
The net margin for Bumble Inc stands at -0.0. The total capital return value is set at 0.03. Equity return is now at value -0.26, with -0.12 for asset returns.
Based on Bumble Inc (BMBL), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is -8.2.
Currently, EBITDA for the company is 116.76 million with net debt to EBITDA at 1.96. When we switch over and look at the enterprise to sales, we see a ratio of 1.56. The receivables turnover for the company is 9.84for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.01.
Conclusion
To sum up, Bumble Inc (BMBL) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
