A new trading day began on Tuesday, with Bumble Inc (NASDAQ: BMBL) stock price down -0.55% from the previous day of trading, before settling in for the closing price of $7.27. BMBL’s price has ranged from $4.80 to $15.90 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 21.23% over the last five years. Meanwhile, its annual earnings per share averaged 2659.47%. With a float of $91.81 million, this company’s outstanding shares have now reached $130.69 million.
The firm has a total of 980 workers. Let’s measure their productivity. In terms of profitability, gross margin is 65.71%, operating margin of 17.69%, and the pretax margin is 7.06%.
Bumble Inc (BMBL) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Bumble Inc is 27.44%, while institutional ownership is 70.40%. The most recent insider transaction that took place on Oct 04 ’24, was worth 18,293. In this transaction Director of this company sold 2,707 shares at a rate of $6.76, taking the stock ownership to the 40,571 shares. Before that another transaction happened on Oct 04 ’24, when Company’s Director proposed sale 2,707 for $6.76, making the entire transaction worth $18,293.
Bumble Inc (BMBL) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.12 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2659.47% per share during the next fiscal year.
Bumble Inc (NASDAQ: BMBL) Trading Performance Indicators
Here are Bumble Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84. Likewise, its price to free cash flow for the trailing twelve months is 6.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.71 in one year’s time.
Technical Analysis of Bumble Inc (BMBL)
Analysing the last 5-days average volume posted by the [Bumble Inc, BMBL], we can find that recorded value of 2.73 million was lower than the volume posted last year of 3.13 million. As of the previous 9 days, the stock’s Stochastic %D was 81.59%. Additionally, its Average True Range was 0.29.
During the past 100 days, Bumble Inc’s (BMBL) raw stochastic average was set at 33.61%, which indicates a significant decrease from 73.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.71% in the past 14 days, which was lower than the 70.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.52, while its 200-day Moving Average is $9.99. Now, the first resistance to watch is $7.34. This is followed by the second major resistance level at $7.44. The third major resistance level sits at $7.56. If the price goes on to break the first support level at $7.12, it is likely to go to the next support level at $7.00. Should the price break the second support level, the third support level stands at $6.90.
Bumble Inc (NASDAQ: BMBL) Key Stats
With a market capitalization of 914.88 million, the company has a total of 126,199K Shares Outstanding. Currently, annual sales are 1,052 M while annual income is -4,210 K. The company’s previous quarter sales were 268,620 K while its latest quarter income was 27,400 K.
