WM Technology Inc (NASDAQ: MAPS)’s stock price has gone decline by -8.82 in comparison to its previous close of 0.87, however, the company has experienced a -21.00% decrease in its stock price over the last five trading days. Seeking Alpha reported 2023-11-08 that WM Technology, Inc. (NASDAQ:MAPS ) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Brian Camire – General Counsel Doug Francis – Executive Chair Mary Hoitt – Interim Chief Financial Officer Conference Call Participants Operator Good afternoon, everyone, and welcome to WM Technology Inc.’s Third Quarter 2023 Earnings Conference Call. I would now like to turn the call over to your host Brian Camire, General Counsel.
Is It Worth Investing in WM Technology Inc (NASDAQ: MAPS) Right Now?
, and the 36-month beta value for MAPS is at 0.81. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The average price suggested by analysts for MAPS is $2.37, which is $1.58 above the current market price. The public float for MAPS is 77.57M, and currently, shorts hold a 2.22% of that float. The average trading volume for MAPS on November 20, 2023 was 364.97K shares.
MAPS’s Market Performance
The stock of WM Technology Inc (MAPS) has seen a -21.00% decrease in the past week, with a -33.61% drop in the past month, and a -29.46% fall in the past quarter. The volatility ratio for the week is 13.15%, and the volatility levels for the past 30 days are at 10.27% for MAPS. The simple moving average for the past 20 days is -26.74% for MAPS’s stock, with a -23.95% simple moving average for the past 200 days.
Analysts’ Opinion of MAPS
Many brokerage firms have already submitted their reports for MAPS stocks, with Truist repeating the rating for MAPS by listing it as a “Hold.” The predicted price for MAPS in the upcoming period, according to Truist is $2 based on the research report published on November 08, 2022 of the previous year 2022.
MAPS Trading at -36.49% from the 50-Day Moving Average
After a stumble in the market that brought MAPS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.98% of loss for the given period.
Volatility was left at 10.27%, however, over the last 30 days, the volatility rate increased by 13.15%, as shares sank -31.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.03% lower at present.
During the last 5 trading sessions, MAPS fell by -21.00%, which changed the moving average for the period of 200-days by -46.26% in comparison to the 20-day moving average, which settled at $1.0604. In addition, WM Technology Inc saw -21.78% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at MAPS starting from Gonzalez Olga, who sale 20,636 shares at the price of $1.55 back on Sep 12. After this action, Gonzalez Olga now owns 277,125 shares of WM Technology Inc, valued at $31,914 using the latest closing price.
BAY ANTHONY, the Director of WM Technology Inc, sale 20,024 shares at $1.63 during a trade that took place back on Sep 11, which means that BAY ANTHONY is holding 323,254 shares at $32,653 based on the most recent closing price.
Stock Fundamentals for MAPS
Current profitability levels for the company are sitting at:
- -32.02 for the present operating margin
- +87.52 for the gross margin
The net margin for WM Technology Inc stands at -53.82. The total capital return value is set at -41.71, while invested capital returns managed to touch -155.32. Equity return is now at value -164.64, with -38.91 for asset returns.
Based on WM Technology Inc (MAPS), the company’s capital structure generated 294.30 points at debt to equity in total, while total debt to capital is 74.64. Total debt to assets is 19.78, with long-term debt to equity ratio resting at 246.96. Finally, the long-term debt to capital ratio is 62.63.
When we switch over and look at the enterprise to sales, we see a ratio of 0.43, with the company’s debt to enterprise value settled at 0.20. The receivables turnover for the company is 12.32 and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.19.
In conclusion, WM Technology Inc (MAPS) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.