Bumble Inc (NASDAQ: BMBL) on Friday, plunged -4.75% from the previous trading day, before settling in for the closing price of $5.47. Within the past 52 weeks, BMBL’s price has moved between $4.80 and $13.36.
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Annual sales at Communication Services sector company grew by 21.23% over the past five years. The company achieved an average annual earnings per share of 115.42%. With a float of $73.46 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
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Bumble Inc is 32.10%, while institutional ownership is 70.70%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 115.42% per share during the next fiscal year.
Bumble Inc (NASDAQ: BMBL) Trading Performance Indicators
Bumble Inc (BMBL) is currently performing well based on its current performance indicators. A quick ratio of 2.09 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52. Likewise, its price to free cash flow for the trailing twelve months is 3.06.
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 0.68 in one year’s time.
Technical Analysis of Bumble Inc (BMBL)
Bumble Inc (NASDAQ: BMBL) saw its 5-day average volume 9.67 million, a positive change from its year-to-date volume of 3.09 million. As of the previous 9 days, the stock’s Stochastic %D was 1.12%. Additionally, its Average True Range was 0.52.
During the past 100 days, Bumble Inc’s (BMBL) raw stochastic average was set at 0.74%, which indicates a significant decrease from 0.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 151.71% in the past 14 days, which was higher than the 74.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.91, while its 200-day Moving Average is $8.32. Nevertheless, the first resistance level for the watch stands at $5.45 in the near term. At $5.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.82. If the price goes on to break the first support level at $5.07, it is likely to go to the next support level at $4.94. The third support level lies at $4.70 if the price breaches the second support level.
Bumble Inc (NASDAQ: BMBL) Key Stats
Market capitalization of the company is 563.63 million based on 108,182K outstanding shares. Right now, sales total 1,052 M and income totals -4,210 K. The company made 273,610 K in profit during its latest quarter, and -613,200 K in sales during its previous quarter.
