WM Technology Inc [NASDAQ: MAPS] closed the trading session at $1.26.
The stocks have a year to date performance of 75.62 percent and weekly performance of 16.06 percent. The stock has been moved at 15.00 percent over the last six months. The stock has performed -3.80 percent around the most recent 30 days and changed 51.92 percent over the most recent 3-months.
If compared to the average trading volume of 541.40K shares, MAPS reached to a volume of 4449431 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about WM Technology Inc [MAPS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MAPS shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MAPS stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Truist have made an estimate for WM Technology Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 08, 2022. While these analysts kept the previous recommendation, Stifel raised their target price from $10 to $3.20. The new note on the price target was released on August 10, 2022, representing the official price target for WM Technology Inc stock. Previously, the target price had yet another drop from $8 to $4, while Piper Sandler kept a Neutral rating on MAPS stock.
The Average True Range (ATR) for WM Technology Inc is set at 0.12, with the Price to Sales ratio for MAPS stock in the period of the last 12 months amounting to 0.61. The Price to Book ratio for the last quarter was 5.95, with the Price to Cash per share for the same quarter was set at 0.30.
MAPS stock trade performance evaluation
WM Technology Inc [MAPS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.06. With this latest performance, MAPS shares dropped by -3.80% in over the last four-week period, additionally plugging by 15.00% over the last 6 months – not to mention a rise of 74.53% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MAPS stock in for the last two-week period is set at 62.37, with the RSI for the last a single of trading hit 67.45, and the three-weeks RSI is set at 60.15 for WM Technology Inc [MAPS]. The present Moving Average for the last 50 days of trading for this stock 1.0702, while it was recorded at 1.1080 for the last single week of trading, and 1.0649 for the last 200 days.
WM Technology Inc [MAPS]: An insightful look at the core fundamentals
WM Technology Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.51 and a Current Ratio set at 1.51.
WM Technology Inc [MAPS]: Institutional Ownership
The top three institutional holders of MAPS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in MAPS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in MAPS stock with ownership which is approximately 5.8386%.
