In the last trading session, 2.53 million shares of the WM Technology Inc (NASDAQ:MAPS) were traded, and its beta was 0.94. Most recently the company’s share price was $1.29, and it changed around -$0.07 or -5.15% from the last close, which brings the market valuation of the company to $197.65M. MAPS currently trades at a discount to its 52-week high of $1.65, offering almost -27.91% off that amount. The share price’s 52-week low was $0.70, which indicates that the current value has risen by an impressive 45.74% since then. We note from WM Technology Inc’s average daily trading volume that its 10-day average is 1.03 million shares, with the 3-month average coming to 1.26 million.
WM Technology Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 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 for the current quarter.
WM Technology Inc (NASDAQ:MAPS) trade information
Instantly MAPS has showed a red trend with a performance of -5.15% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.4700 on recent trading dayincreased the stock’s daily price by 12.24%. The company’s shares are currently down -6.52% year-to-date, but still down -2.27% over the last five days. On the other hand, WM Technology Inc (NASDAQ:MAPS) is -5.15% down in the 30-day period. We can see from the shorts that 2.66 million shares have been sold at a short interest cover period of 1.74 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 74.2% 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
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%.
WM Technology Inc earnings are expected to increase by 992.44% in 2025, but the outlook is positive 175.93% per year for the next five years.
MAPS Dividends
WM Technology Inc’s next quarterly earnings report is expected to be released in March.
WM Technology Inc (NASDAQ:MAPS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 22.24% of WM Technology Inc shares, and 37.54% of them are in the hands of institutional investors. The stock currently has a share float of 48.27%. WM Technology Inc stock is held by 115.0 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.
