Bumble Inc (NASDAQ:BMBL) currently has a daily average trading volume of 2.77M but it saw 1275635 shares traded in last market. With a market cap of 838.42M USD, the company’s current market price of $7.75 came falling about -0.90 while comparing to the previous closing price of $7.82. 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 $7.71 while lowest mark touched by it was $7.97.
Taking a look at 20-day trading activity of Bumble Inc (BMBL) gives us an average price of $7.70, while its current price level is -51.26% below from 52-week high level whereas it is 61.46% 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 $7.02 while that of 200 days or SMA-200 reads an average of $9.33. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.88% during that period while stretching the period over a month that increases to 4.87%. 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 53.30 which implies that the stock is in neutral 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 -5.95% down while it is 7.19% when we observe its performance for the past one month. Year-to-date it is -47.42% down and over the past year, the stock is showing a downside performance of -46.70%.
Currently, Bumble Inc’s total number of outstanding shares is 130.69M. Company’s return on investment (ROI) stands at -39.79% and return on equity (ROE) at -46.21%. It has a 10.09 of forward P/E ratio. Stock’s beta reads 1.65. Stock has a price to book (P/B) ratio of 1.02 while price to sale or P/S ratio amounts to 0.77. Its return on asset (ROA) is -18.58% on average.
