WM Technology Inc (NASDAQ:MAPS) has a beta value of 0.92 and has seen 0.35 million shares traded in the recent trading session. The company, currently valued at $180.03M, closed the recent trade at $1.17 per share which meant it gained $0.06 on the day or 5.86% during that session. The MAPS stock price is -27.35% off its 52-week high price of $1.49 and 41.03% above the 52-week low of $0.69. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.03 million shares traded. The 3-month trading volume is 745.59K shares.
The consensus among analysts is that WM Technology Inc (MAPS) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
WM Technology Inc (NASDAQ:MAPS) trade information
Sporting 5.86% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the MAPS stock price touched $1.17 or saw a rise of 15.83%. Year-to-date, WM Technology Inc shares have moved 63.13%, while the 5-day performance has seen it change -14.86%. Over the past 30 days, the shares of WM Technology Inc (NASDAQ:MAPS) have changed 18.48%. Short interest in the company has seen 1.59 million shares shorted with days to cover at 1.44.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could jump 76.6% from the levels at last check today. The projected low price target is $3.0 while the price target rests at a high of $7.0. In that case, then, we find that the latest price level in today’s session is -498.29% off the targeted high while a plunge would see the stock gain -156.41% from the levels at last check today.
WM Technology Inc (MAPS) estimates and forecasts
The company’s shares have gained 7.80% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -2.74%.
1 analysts offering their estimates for the company have set an average revenue estimate of 46M for the current quarter. 1 have an estimated revenue figure of 47M for the next ending quarter. Year-ago sales stood 41.41M and 44.39M respectively for this quarter and the next, and analysts expect sales will grow by 11.09% for the current quarter and -2.74% for the next.
MAPS Dividends
WM Technology Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
WM Technology Inc (NASDAQ:MAPS)’s Major holders
Insiders own 20.36% of the company shares, while shares held by institutions stand at 43.20% with a share float percentage of 54.25%. Investors are also buoyed by the number of investors in a company, with WM Technology Inc having a total of 113.0 institutions that hold shares in the company. The top two institutional holders are MORGAN STANLEY with over 5.94 million shares worth more than $6.18 million. As of 2024-06-30, MORGAN STANLEY held 6.27% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 4.99 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.19 million and represent 5.2654% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Sep 30, 2024, the former fund manager holds about 3.29% shares in the company for having 3.2 shares of worth $3.84 million while later fund manager owns 1.97 shares of worth $2.35 million as of Sep 30, 2024, which makes it owner of about 2.02% of company’s outstanding stock.
