Bumble Inc (NASDAQ:BMBL) traded at $5.82 at close of the session on Monday, May 12 and made an upward move of 2.46% on its previous day’s price.
Bumble Inc has a market cap of $600.80 million and is expected to release its quarterly earnings report in June.
On the other hand, looking at the outlook for the BMBL stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 12 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 4 have rated the Bumble Inc (BMBL) stock as a Hold, while 8 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 28.19% off its SMA20 and 28.50% from its 50-day simple moving average. The RSI (14) is pointing at 72.55 while the volatility over the past week is 8.93% and jumps to 6.02% over the past one month. The beta value is 1.80, while the average true range (ATR) is currently pointing at 0.32. The average price target for the stock over the next 12 months is $5, with the estimates having a low of $5 and a high of $5. These price ends are 14.09% and 14.09% off the current price level respectively, although investors could be excited at the prospect of a 14.09% if the BMBL share price touches on the median price of $5.
