Bumble Inc (NASDAQ:BMBL) shares, rose in value on Wednesday, March 26, with the stock price down by -1.49% to the previous day’s close as strong demand from buyers drove the stock to $4.64.
Actively observing the price movement in the last trading, the stock closed the session at $4.71, falling within a range of $4.59 and $4.79. The value of beta (5-year monthly) was 1.774. Referring to stock’s 52-week performance, its high was $12.49, and the low was $4.46. On the whole, BMBL has fluctuated by -15.33% over the past month.
With the market capitalization of Bumble Inc currently standing at about $489.73 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-17.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 984.72M, with a low estimate of 244.7M and a high estimate of 256.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 246.62M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BMBL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of BMBL currently trading nearly -3.70% and -28.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.78, while the 7-day volatility ratio is showing 4.33% which for the 30-day chart, stands at 5.38%. Furthermore, Bumble Inc (BMBL)’s beta value is 1.77, and its average true range (ATR) is 0.30.
A comparison of Bumble Inc (BMBL) with its peers suggests the former has fared considerably weaker in the market. BMBL showed an intraday change of -1.49% in last session, and over the past year, it shrunk by -57.31%%.
Data on historical trading for Bumble Inc (NASDAQ:BMBL) indicates that the trading volumes over the past 10 days have averaged 3.36 and over the past 3 months, they’ve averaged 3.31 million. According to company’s latest data on outstanding shares, there are 107.11 million shares outstanding.
Nearly 33.22% of Bumble Inc’s shares belong to company insiders and institutional investors own 72.46% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 13.73 million shares as on 2025-03-14, resulting in a short ratio of 2.48. According to the data, the short interest in Bumble Inc (BMBL) stood at 1840.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 10.68 million. The stock has fallen by -43.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BMBL stock heading into the next quarter.
