Bumble Inc (NASDAQ:BMBL) currently has a daily average trading volume of 3.67M but it saw 2304077 shares traded in last market. With a market cap of 922.48M USD, the company’s current market price of $7.29 came rising about 0.83 while comparing to the previous closing price of $7.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.90 and as low as $4.80. In the recent trading on the day, stock has struck highest price mark of $7.08 while lowest mark touched by it was $7.32.
TD Cowen downgraded its recommendation for the stock as a “Hold” from “Buy” on August 16, 2024 while assigning a price target range of $22-$7.50. Susquehanna also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $14 and $6.
Over the week, BMBL’s stock price is moving 4.14% up while it is 16.83% when we observe its performance for the past one month. Year-to-date it is -50.54% down and over the past year, the stock is showing a downside performance of -46.12%.
Currently, Bumble Inc’s total number of outstanding shares is 130.69M. Company’s return on investment (ROI) stands at 1.87% and return on equity (ROE) at 2.57%. It has a price to earnings ratio (P/E ratio) of 24.94 while having a 10.25 of forward P/E ratio. Stock’s beta reads 1.67. Stock has a price to book (P/B) ratio of 0.56 while price to sale or P/S ratio amounts to 0.85. Its return on asset (ROA) is 1.18% on average.
