Bumble Inc (NASDAQ: BMBL) has a price-to-earnings ratio of 24.39x that is above its average ratio. Additionally, the 36-month beta value for BMBL is 1.66. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 15 rating it as “hold,” and 1 rating it as “sell.”
The public float for BMBL is 91.81M and currently, short sellers hold a 17.45% ratio of that float. The average trading volume of BMBL on October 29, 2024 was 3.67M shares.
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BMBL) stock’s latest price update
The stock price of Bumble Inc (NASDAQ: BMBL) has jumped by 0.28 compared to previous close of 7.11. Despite this, the company has seen a fall of -1.93% in its stock price over the last five trading days. accesswire.com reported 2024-10-28 that NEW YORK, NY / ACCESSWIRE / October 28, 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=109781&wire=1 or contact Joseph E. Levi, Esq.
BMBL’s Market Performance
Bumble Inc (BMBL) has seen a -1.93% fall in stock performance for the week, with a 10.89% gain in the past month and a -22.67% plunge in the past quarter. The volatility ratio for the week is 3.60%, and the volatility levels for the past 30 days are at 3.91% for BMBL. The simple moving average for the past 20 days is 3.93% for BMBL’s stock, with a -27.58% simple moving average for the past 200 days.
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 7.65% 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 -55.16% of loss for the given period.
Volatility was left at 3.91%, however, over the last 30 days, the volatility rate increased by 3.60%, as shares surge +11.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.83% upper at present.
During the last 5 trading sessions, BMBL fell by -1.93%, which changed the moving average for the period of 200-days by -49.68% in comparison to the 20-day moving average, which settled at $6.86. In addition, Bumble Inc saw -51.63% 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 1.15. 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
In conclusion, Bumble Inc (BMBL) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
