A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Bumble Inc’s current trading price is -17.03% away from its 52-week high, while its distance from the 52-week low is 115.49%. The stock’s price range for this time frame has been between $3.55 and $9.22. The trading volume of the company’s shares in the Communication Services reached around 6.02 million for the day, which was evidently higher than the average daily volume of 3.14 million over the last three months.
Bumble Inc (BMBL) has a current stock price of $7.65. During the previous trading session, the stock witnessed a notable rise, reaching a high of $8.0 after opening at $7.65. The stock’s low for the day was $5.0, and it eventually closed at $7.55.
The market performance of Bumble Inc has been somewhat unstable.
How Financial Performance Impacts Market Capitalization
Bumble Inc (BMBL) has experienced a quarterly rise of 74.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 790.18M.
Decoding Analysts’ Ratings for Bumble Inc
As of right now, 1 analyst is rating Bumble Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts are recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.57, with a change in price of +2.89. Similarly, Bumble Inc recorded 3,131,903 in trading volume during the last 100 days, posting a change of +60.71%.
How BMBL’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for BMBL stands at 0.77. Similarly, the long-term debt-to-equity ratio is also 0.76.
BMBL Stock Stochastic Average
The raw stochastic average for Bumble Inc over the last 50 days is presently at 74.14%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 56.19%. Further, the company’s Stochastic %K and %D values for the last 20 days were 55.46% and 56.56%, respectively.
BMBL Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price loss of -10.21% this year. Over the last six months, there has been a stronger performance of -11.46%. The price of BMBL fallen by 16.08% during the last 30 days period. For the last 5-days stocks have improved 1.06%.
