In the last trading session, 1.21 million shares of the WM Technology Inc (NASDAQ:MAPS) were traded, and its beta was 0.82. Most recently the company’s share price was $1.20, and it changed around $0.16 or 15.38% from the last close, which brings the market valuation of the company to $183.44M. MAPS currently trades at a discount to its 52-week high of $1.47, offering almost -22.5% off that amount. The share price’s 52-week low was $0.69, which indicates that the current value has risen by an impressive 42.5% since then. We note from WM Technology Inc’s average daily trading volume that its 10-day average is 1.6 million shares, with the 3-month average coming to 587.04K.
WM Technology Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended MAPS as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. WM Technology Inc is expected to report earnings per share of 0.03 for the current quarter.
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WM Technology Inc (NASDAQ:MAPS) trade information
Instantly MAPS has showed a green trend with a performance of 15.38% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 66.60% year-to-date, but still up 67.60% over the last five days. On the other hand, WM Technology Inc (NASDAQ:MAPS) is 35.41% up in the 30-day period. We can see from the shorts that 1.86 million shares have been sold at a short interest cover period of 5.43 day(s).
The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 76.0% from its current value. Analyst projections state that MAPS is forecast to be at a low of $3 and a high of $7.
WM Technology Inc (MAPS) estimates and forecasts
Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 137.50% in revenue this quarter, and will report an increase of 200.00% in the next quarter. The year-over-year growth rate is expected to be -2.74%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 46M in revenue for the current quarter. 1 analysts expect WM Technology Inc to make 47M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 41.41M and 44.39M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 11.09%. Forecasts for the next quarter put sales growth at 5.88%.
MAPS Dividends
WM Technology Inc’s next quarterly earnings report is expected to be released in December.
WM Technology Inc (NASDAQ:MAPS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 20.46% of WM Technology Inc shares, and 43.29% of them are in the hands of institutional investors. The stock currently has a share float of 54.42%. WM Technology Inc stock is held by 112.0 institutions, with MORGAN STANLEY being the largest institutional investor. By 2024-06-30, it held 6.27% of the shares, which is about 5.94 million shares worth $6.18 million.
VANGUARD GROUP INC, with 5.2654% or 4.99 million shares worth $5.19 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
