Bumble Inc (NASDAQ:BMBL) currently has a daily average trading volume of 3.65M but it saw 7263977 shares traded in last market. With a market cap of 988.28M USD, the company’s current market price of $7.81 came rising about 4.41 while comparing to the previous closing price of $7.48. 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 $7.4529 while lowest mark touched by it was $7.91.
Taking a look at 20-day trading activity of Bumble Inc (BMBL) gives us an average price of $7.16, while its current price level is -50.88% below from 52-week high level whereas it is 62.71% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.73 while that of 200 days or SMA-200 reads an average of $9.62. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.36% during that period while stretching the period over a month that decreases to 4.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 71.67 which implies that the stock is in overbought territory.
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 9.54% up while it is 22.41% when we observe its performance for the past one month. Year-to-date it is -47.01% down and over the past year, the stock is showing a downside performance of -40.24%.
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 26.72 while having a 11.15 of forward P/E ratio. Stock’s beta reads 1.63. Stock has a price to book (P/B) ratio of 0.60 while price to sale or P/S ratio amounts to 0.91. Its return on asset (ROA) is 1.18% on average.
