A new trading day began on Tuesday, with Bumble Inc (NASDAQ: BMBL) stock price up 0.51% from the previous day of trading, before settling in for the closing price of $7.88. BMBL’s price has ranged from $4.80 to $15.33 over the past 52 weeks.
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Annual sales at Technology sector company grew by 21.23% over the past five years. Meanwhile, its annual earnings per share averaged -14656.15%. With a float of $73.47 million, this company’s outstanding shares have now reached $112.56 million.
Let’s look at the performance matrix of the company that is accounted for 980 employees. In terms of profitability, gross margin is 65.69%, operating margin of -62.4%, 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 32.09%, while institutional ownership is 73.41%. 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 -14656.15% 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 0.79. Likewise, its price to free cash flow for the trailing twelve months is 4.66.
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)
Bumble Inc (NASDAQ: BMBL) saw its 5-day average volume 2.07 million, a negative change from its year-to-date volume of 3.0 million. As of the previous 9 days, the stock’s Stochastic %D was 37.06%. Additionally, its Average True Range was 0.43.
During the past 100 days, Bumble Inc’s (BMBL) raw stochastic average was set at 70.59%, which indicates a significant increase from 34.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.59% in the past 14 days, which was lower than the 72.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.92, while its 200-day Moving Average is $8.85. Nevertheless, the first resistance level for the watch stands at $8.00 in the near term. At $8.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.21. If the price goes on to break the first support level at $7.78, it is likely to go to the next support level at $7.65. The third support level lies at $7.57 if the price breaches the second support level.
Bumble Inc (NASDAQ: BMBL) Key Stats
With a market capitalization of 856.81 million, the company has a total of 108,182K Shares Outstanding. Currently, annual sales are 1,052 M while annual income is -4,210 K. The company’s previous quarter sales were 273,610 K while its latest quarter income was -613,200 K.
