The -32.11% Simple Moving Average of Bumble Inc’s (BMBL) Stock in the Past 200 Days

In the past week, BMBL stock has gone up by 8.15%, with a monthly gain of 11.47% and a quarterly plunge of -26.75%. The volatility ratio for the week is 4.18%, and the volatility levels for the last 30 days are 4.37% for Bumble Inc The simple moving average for the last 20 days is 7.11% for BMBL stock, with a simple moving average of -32.11% for the last 200 days.

Is It Worth Investing in Bumble Inc (NASDAQ: BMBL) Right Now?

Bumble Inc (NASDAQ: BMBL) has a price-to-earnings ratio that is above its average at 23.61x. The stock has a 36-month beta value of 1.67. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 2 as “overweight,” 14 as “hold,” and 1 as “sell.”

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The public float for BMBL is 91.81M, and at present, short sellers hold a 16.82% of that float. On October 16, 2024, the average trading volume of BMBL was 3.71M shares.

BMBL) stock’s latest price update

Bumble Inc (NASDAQ: BMBL)’s stock price has increased by 2.07 compared to its previous closing price of 6.76. However, the company has seen a 8.15% increase in its stock price over the last five trading sessions. accesswire.com reported 2024-10-15 that NEW YORK, NY / ACCESSWIRE / October 15, 2024 / If you suffered a loss on your Bumble Inc. (NASDAQ:BMBL) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/bumble-lawsuit-submission-form?prid=108640&wire=1 or contact Joseph E. Levi, Esq.

Analysts’ Opinion of BMBL

TD Cowen, on the other hand, stated in their research note that they expect to see BMBL reach a price target of $7.50, previously predicting the price at $22. The rating they have provided for BMBL stocks is “Hold” according to the report published on August 16th, 2024.

Susquehanna gave a rating of “Neutral” to BMBL, setting the target price at $6 in the report published on August 09th of the current year.

BMBL Trading at 6.68% 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 -56.60% of loss for the given period.

Volatility was left at 4.37%, however, over the last 30 days, the volatility rate increased by 4.18%, as shares surge +9.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.92% lower at present.

During the last 5 trading sessions, BMBL rose by +8.15%, which changed the moving average for the period of 200-days by -54.84% in comparison to the 20-day moving average, which settled at $6.44. In addition, Bumble Inc saw -53.19% 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 Hsiao Sissie L., who sale 2,707 shares at the price of $6.76 back on Oct 04 ’24. After this action, Hsiao Sissie L. now owns 40,571 shares of Bumble Inc, valued at $18,293 using the latest closing price.

Hsiao Sissie L., the Director of Bumble Inc, proposed sale 2,707 shares at $6.76 during a trade that took place back on Oct 04 ’24, which means that Hsiao Sissie L. is holding shares at $18,293 based on the most recent closing price.

Stock Fundamentals for BMBL

Current profitability levels for the company are sitting at:

  • 0.18 for the present operating margin
  • 0.66 for the gross margin

The net margin for Bumble Inc stands at 0.04. The total capital return value is set at 0.06. Equity return is now at value 2.57, with 1.18 for asset returns.

Based on Bumble Inc (BMBL), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is -10.49.

Currently, EBITDA for the company is 116.76 million with net debt to EBITDA at 1.44. When we switch over and look at the enterprise to sales, we see a ratio of 1.12. The receivables turnover for the company is 10.66for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.38.

Conclusion

To sum up, Bumble Inc (BMBL) has seen a mixed 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.

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