The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Bumble Inc’s current trading price is -50.42% away from its 52-week high, while its distance from the 52-week low is 5.03%. The stock’s price range for this period has been between $9.94 and $21.06 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 2.81 million for the day, a number notably lower than the average daily volume of 3.03 million over the last three months.
Bumble Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $21.06 on 07/17/23, while the lowest value for the same period was recorded at $9.94 on 04/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Bumble Inc (BMBL) has experienced a quarterly decline of -25.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.35B and boasts a workforce of 980 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.76, with a change in price of -3.95. Similarly, Bumble Inc recorded 2,752,979 in trading volume during the last 100 days, posting a change of -27.45%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for BMBL stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.38.
BMBL Stock Stochastic Average
Bumble Inc’s raw stochastic average for the past 50 days is presently 12.08%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 32.05%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 24.79% and 21.44%, respectively.
BMBL Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a loss of -29.17%.However, over the last six months, we can see a stronger performance of -22.84%. Over the last 30 days, the price of BMBL has leaped by -5.26%. And in the last five days, it has surged by 3.37%.
