WM Technology Inc [NASDAQ: MAPS] stock went on an upward path that rose over 16.80% on Thursday, amounting to a one-week price increase of more than 29.82%.
Over the last 12 months, MAPS stock dropped by -6.58%. The one-year WM Technology Inc stock forecast points to a potential upside of 61.69. The average equity rating for MAPS stock is currently 1.00, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for the stock reached $152.80 million, with 94.38 million shares outstanding and 79.12 million shares in the current float. Compared to the average trading volume of 510.71K shares, MAPS stock reached a trading volume of 3208809 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $2.61 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 1.00. 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 0.08, with the Price to Sales ratio for MAPS stock in the period of the last 12 months amounting to 0.86. The Price to Book ratio for the last quarter was 3.29, with the Price to Cash per share for the same quarter was set at 0.29. Price to Free Cash Flow for MAPS in the course of the last twelve months was 6.04 with Quick ratio for the last quarter at 2.14.
MAPS Stock Performance Analysis:
WM Technology Inc [MAPS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 29.82. With this latest performance, MAPS shares gained by 7.88% in over the last four-week period, additionally sinking by -9.13% over the last 6 months – not to mention a drop of -6.58% 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 68.48, with the RSI for the last a single of trading hit 75.93, and the three-weeks RSI is set at 62.74 for WM Technology Inc [MAPS]. The present Moving Average for the last 50 days of trading for this stock 0.8740, while it was recorded at 0.8129 for the last single week of trading, and 0.9958 for the last 200 days.
Insight into WM Technology Inc Fundamentals:
WM Technology Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.14 and a Current Ratio set at 2.14.
WM Technology Inc [MAPS] Institutonal Ownership Details
There are presently around $43.31%, or 51.61%% of MAPS stock, in the hands of institutional investors. The top three institutional holders of MAPS stocks are: MORGAN STANLEY with ownership of 5.94 million shares, which is approximately 6.27%. VANGUARD GROUP INC, holding 4.99 million shares of the stock with an approximate value of $$5.19 million in MAPS stocks shares; and VANGUARD GROUP INC, currently with $$4.81 million in MAPS stock with ownership which is approximately 4.8806%.
