The trading price of Bumble Inc (NASDAQ:BMBL) floating higher at last check on Wednesday, August 07, closing at $8.38, 5.94% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 75.16. In examining the 52-week price action we see that the stock hit a 52-week high of $18.10 and a 52-week low of $7.73. Over the past month, the stock has lost -12.71% in value.
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Bumble Inc, whose market valuation is $1.06 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0.13 per share this quarter, however they have predicted annual earnings per share of 0.88 for current year and 1.09 for next year.
Analysts have forecast the company to bring in revenue of 273M for the current quarter, with the likely lows of 270.54M and highs of 275.47M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 1.14B.
On the technical side, indicators suggest BMBL has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that BMBL’s price is currently -7.37% off the SMA20 and -16.33% off the SMA50. The RSI metric on the 14-day chart is currently showing 38.73, and weekly volatility stands at 4.92%. When measured over the past 30 days, the indicator reaches 4.70%. Bumble Inc (NASDAQ:BMBL)’s beta value is currently sitting at 1.71, while the Average True Range indicator is currently displaying 0.45.
To see how Bumble Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: BMBL stock’s performance was 5.94% at last check in today’s session, and -53.37% in the past year. Bumble Inc has a P/E ratio of 75.16.
An evaluation of the daily trading volume of Bumble Inc (NASDAQ:BMBL) indicates that the 3-month average is 2.87 million.
Currently, records show that 130.69 million of the company’s shares remain outstanding. The insiders hold 29.85% of outstanding shares, whereas institutions hold 70.50%. However, since the stock’s price has seen -43.15% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
