WM Technology Inc. (MAPS) Is A Stock You Should Watch

As of Thursday close, WM Technology Inc.’s (NASDAQ:MAPS) stock was up $0.36, moving up 7.86 percent to $4.94. The average number of shares traded per day over the past five days has been 902,920 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.82 fall in that time frame. In the last twenty days, the average volume was 719,885, while in the previous 50 days, it was 761,700.


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Since last month, MAPS stock retreated -26.92%. Shares of the company fell to $4.41 on 05/12/22, the lowest level in the past month. A 52-week high of $22.24 was reached on 03/30/22 after having rallying from a 52-week low of $4.22. Since the beginning of this year, MAPS’s stock price has dropped by -17.39% or -$1.04, and marked a new high 11 times. However, the stock has declined by -77.79% since its 52-week high.

WM Technology Inc. (MAPS) last reported insider trading activity 72 days ago on Mar 02. Camire Brian, the General Counsel of the company, disposed of 14,120 shares for $5.64 on Mar 02. It resulted in a $79,580 divestment by the insider. Dean Justin sold 20,202 shares at an average price of $5.64 on Mar 02. The insider now owns 307,923 shares following the transaction. On Mar 02, Chief Financial Officer Lee Arden sold 44,541 shares at $5.64 apiece. The transaction was valued at $251,033.

Valuation Metrics

Right now, WM Technology Inc. (MAPS) has a P/E ratio of about 5.57. Besides these, the trailing price-to-sales (P/S) ratio of 3.69, the price-to-book (PB) ratio of 5.26.

Financial Health

In the three months ended September 29, WM Technology Inc.’s quick ratio stood at 2.60, while its current ratio was 2.60, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 95.90% percent. In the year ended September 29, operating margins totaled -4.20%. Based on annual data, MAPS earned $185.21 million in gross profit and brought in $193.15 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -11.90%. Return on equity (ROE) for the past 12 months was 141.10%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. MAPS’s revenue rose 100.0% to $54.0 million during the quarter, while net income inched up to $57.45 million. While analysts expected WM Technology Inc. to report $0.01 quarterly earnings, the actual figure was $0.02 per share. During the quarter, the company generated -$10.31 million in EBITDA. The liabilities of WM Technology Inc. were 256.24 million at the end of its most recent quarter ended September 29, and its total debt was $46.07 million. The value of shareholders’ equity is $144.4 million.

Technical Picture

This quick technical analysis looks at WM Technology Inc.’s (MAPS) price momentum. With a historical volatility rate of 102.45%, the RSI 9-day stood at 33.99% on 12 May.

With respect to its five-day moving average, the current WM Technology Inc. price is down by -14.24% percent or -$0.82. At present, MAPS shares trade -29.12% below its 20-day simple moving average and -20.71% percent below its 100-day simple moving average. However, the stock is currently trading approximately -13.49% below its SMA50 and -63.41% below its SMA200.

Stochastic coefficient K was 13.06% and Stochastic coefficient D was 9.52%, while ATR was 0.51. Given the Stochastic reading of 27.89% for the 14-day period, the RSI (14) reading has been calculated as 35.84%. As of today, the MACD Oscillator reading stands at -0.64, while the 14-day reading stands at -0.74.

Analyst Ratings

Cantor Fitzgerald launched its rating on WM Technology Inc. (NASDAQ: MAPS) to an Overweight in a note to investors on November 23, 2021. WM Technology Inc. (MAPS) has been rated Buy by analysts. According to 0 brokerage firms, MAPS is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate WM Technology Inc. stock as buy, with 6 recommending it as overweight.

With a median target price of $9.00, the current consensus forecast for the stock is $7.00 – $11.30. Based on these forecasts, analysts predict WM Technology Inc. (MAPS) will achieve an average price target of $9.05.

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