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 -49.76% away from its 52-week high, while its distance from the 52-week low is 57.50%. The stock’s price range for this period has been between $4.80 and $15.05 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 3.88 million for the day, a number notably higher than the average daily volume of 2.29 million over the last three months.
Bumble Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $15.05 on 01/09/24 and a low of $4.80 for the same time frame on 08/08/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Bumble Inc (BMBL) has experienced a quarterly rise of 18.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 817.86M 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 7.34, with a change in price of +1.66. Similarly, Bumble Inc recorded 2,554,608 in trading volume during the last 100 days, posting a change of +28.14%.
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 0.74. Similarly, the long-term debt-to-equity ratio is also 0.73.
BMBL Stock Stochastic Average
As of today, Bumble Inc’s raw stochastic average for the last 50 days stands at 23.85%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 12.70%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 40.08% and 46.08%, respectively.
BMBL Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -7.13%. However, over the last six months, the performance has been stronger by -18.71%. The price of BMBL decreased -8.36% over the last 30 days. And in the last five days, it has fallen by -7.13%.
