Value Hunters: Look To Bumble Inc (BMBL)

Currently, there are 130.69M common shares owned by the public and among those 88.52M shares have been available to trade.

The company’s stock has a 5-day price change of -6.78% and -10.16% over the past three months. BMBL shares are trading -32.84% year to date (YTD), with the 12-month market performance down to -42.37% lower. It has a 12-month low price of $9.83 and touched a high of $21.06 over the same period. BMBL has an average intraday trading volume of 2.75 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -10.54%, -9.48%, and -23.10% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Bumble Inc (NASDAQ: BMBL) shares accounts for 70.79% of the company’s 130.69M shares outstanding.

It has a market capitalization of $1.25B and a beta (3y monthly) value of 1.70. The stock’s trailing 12-month PE ratio is 88.79, while the earnings-per-share (ttm) stands at $0.11. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.82% over the week and 3.00% over the month.

Earnings per share for the fiscal year are expected to increase by 2985.30%, and 23.69% over the next financial year.

Looking at the support for the BMBL, a number of firms have released research notes about the stock. Morgan Stanley stated their Equal-Weight rating for the stock in a research note on April 18, 2024, with the firm’s price target at $16-$13. BTIG Research was of a view on February 28, 2024 that the stock is Buy, while Wells Fargo gave the stock Overweight rating on December 07, 2023, issuing a price target of $19. BofA Securities on their part issued Neutral rating on October 19, 2023.

Most Popular

Related Posts