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Bumble Inc (BMBL) Stock Could Soon Reward Patient Investors

Bumble Inc (NASDAQ: BMBL) is -46.34% lower on its value in year-to-date trading and has touched a low of $7.73 and a high of $18.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BMBL stock was last observed hovering at around $8.11 in the last trading session, with the day’s loss setting it -0.2%.

Currently trading at $7.91, the stock is -13.37% and -21.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.07 million and changing -2.47% at the moment leaves the stock -34.57% off its SMA200. BMBL registered -53.96% loss for a year compared to 6-month loss of -40.08%.

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The stock witnessed a -16.74% gain in the last 1 month and extending the period to 3 months gives it a -24.52%, and is -14.21% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.92% over the week and 4.70% over the month.

Bumble Inc (BMBL) has around 980 employees, a market worth around $998.24M and $1.08B in sales. Current P/E ratio is 70.94 and Fwd P/E is 7.37. Profit margin for the company is 2.04%. Distance from 52-week low is 2.33% and -56.30% from its 52-week high. The company has generated returns on investments over the last 12 months (0.99%).

with sales reaching $273M over the same period.The EPS is expected to grow by 3005.51% this year, but quarterly earnings will post 8.40% year-over-year. Quarterly sales are estimated to grow 5.10% in year-over-year returns.

Bumble Inc (BMBL) Top Institutional Holders

The shares outstanding are 130.69M, and float is at 88.52M with Short Float at 13.32%.

Bumble Inc (BMBL) Insider Activity

The most recent transaction is an insider sale by MATHER ANN,the company’sDirector. SEC filings show that MATHER ANN sold 7,492 shares of the company’s common stock on Jun 07 ’24 at a price of $11.41 per share for a total of $85506.0. Following the sale, the insider now owns 29030.0 shares.

Bumble Inc disclosed in a document filed with the SEC on Jun 07 ’24 that Hsiao Sissie L. (Director) sold a total of 5,496 shares of the company’s common stock. The trade occurred on Jun 07 ’24 and was made at $11.41 per share for $62717.0. Following the transaction, the insider now directly holds 43278.0 shares of the BMBL stock.

Still, SEC filings show that on Mar 03 ’24, BTOA – NQ L.L.C. (10% Owner) disposed off 2,509,316 shares at an average price of $11.10 for $27.85 million. The insider now directly holds 12,802 shares of Bumble Inc (BMBL).

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