Bumble Inc (BMBL) kicked off at the price of $8.32: Venture capitalists have an exciting new opportunity

On Friday, Bumble Inc (NASDAQ: BMBL) was 0.48% up from the session before settling in for the closing price of $8.28. A 52-week range for BMBL has been $4.80 – $15.90.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 21.23%. When this article was written, the company’s average yearly earnings per share was at -14656.15%. With a float of $73.46 million, this company’s outstanding shares have now reached $112.56 million.

Considering the fact that the conglomerate employs 980 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 65.69%, operating margin of -62.4%, and the pretax margin is -73.23%.

Bumble Inc (BMBL) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Bumble Inc stocks. The insider ownership of Bumble Inc is 32.09%, while institutional ownership is 73.46%. 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) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -14656.15% per share during the next fiscal year.

Bumble Inc (NASDAQ: BMBL) Trading Performance Indicators

You can see what Bumble Inc (BMBL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83. Likewise, its price to free cash flow for the trailing twelve months is 4.92.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.90, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.77 in one year’s time.

Technical Analysis of Bumble Inc (BMBL)

Compared to the last year’s volume of 3.03 million, its volume of 2.56 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 36.48%. Additionally, its Average True Range was 0.45.

During the past 100 days, Bumble Inc’s (BMBL) raw stochastic average was set at 71.54%, which indicates a significant increase from 31.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.40% in the past 14 days, which was lower than the 72.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.73, while its 200-day Moving Average is $8.96. Nevertheless, the first resistance level for the watch stands at $8.56 in the near term. At $8.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.11. If the price goes on to break the first support level at $7.99, it is likely to go to the next support level at $7.67. Now, if the price goes above the second support level, the third support stands at $7.43.

Bumble Inc (NASDAQ: BMBL) Key Stats

There are 108,182K outstanding shares of the company, which has a market capitalization of 904.43 million. As of now, sales total 1,052 M while income totals -4,210 K. Its latest quarter income was 273,610 K while its last quarter net income were -613,200 K.