A new trading day began on Friday, with Bumble Inc (NASDAQ: BMBL) stock price up 3.73% from the previous day of trading, before settling in for the closing price of $7.78. BMBL’s price has ranged from $4.80 to $15.90 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 21.23%. Meanwhile, its annual earnings per share averaged -10172.22%. With a float of $91.81 million, this company’s outstanding shares have now reached $130.69 million.
The extent of productivity of a business whose workforce counts for 980 workers is very important to gauge. In terms of profitability, gross margin is 68.76%, operating margin of -64.81%, and the pretax margin is -73.23%.
Bumble Inc (BMBL) Insider and Institutional Ownership
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 69.49%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -10172.22% 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 2.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.98. Likewise, its price to free cash flow for the trailing twelve months is 5.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.90, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.76 in one year’s time.
Technical Analysis of Bumble Inc (BMBL)
The latest stats from [Bumble Inc, BMBL] show that its last 5-days average volume of 4.32 million was superior to 3.13 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 71.35%. Additionally, its Average True Range was 0.35.
During the past 100 days, Bumble Inc’s (BMBL) raw stochastic average was set at 55.80%, which indicates a significant decrease from 73.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.18% in the past 14 days, which was lower than the 70.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.78, while its 200-day Moving Average is $9.55. Now, the first resistance to watch is $8.20. This is followed by the second major resistance level at $8.32. The third major resistance level sits at $8.51. If the price goes on to break the first support level at $7.89, it is likely to go to the next support level at $7.70. The third support level lies at $7.58 if the price breaches the second support level.
Bumble Inc (NASDAQ: BMBL) Key Stats
With a market capitalization of 1.06 billion, the company has a total of 126,540K 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.
