The stock of WM Technology Inc (MAPS) has seen a 4.41% increase in the past week, with a -2.07% drop in the past month, and a 83.20% flourish in the past quarter. The volatility ratio for the week is 5.78%, and the volatility levels for the past 30 days are at 6.15% for MAPS. The simple moving average for the past 20 days is 4.07% for MAPS’s stock, with a 31.72% simple moving average for the past 200 days.
Is It Worth Investing in WM Technology Inc (NASDAQ: MAPS) Right Now?
MAPS has 36-month beta value of 0.94. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MAPS is 74.06M, and currently, short sellers hold a 3.59% ratio of that float. The average trading volume of MAPS on February 05, 2025 was 1.26M shares.
MAPS) stock’s latest price update
WM Technology Inc (NASDAQ: MAPS) has seen a rise in its stock price by 7.58 in relation to its previous close of 1.32. However, the company has experienced a 4.41% gain in its stock price over the last five trading sessions. marijuanastocks.com reported 2025-02-01 that The U.S. cannabis industry continues expanding, creating opportunities for companies that support the sector. In 2023, legal cannabis sales reached $34 billion, with projections exceeding $50 billion by 2028. Ancillary cannabis stocks provide services such as real estate, technology, and equipment without directly handling the plant. These businesses are essential for industry growth. Recent headlines suggest more states are considering legalization, increasing demand for cannabis infrastructure. Federal reform discussions also continue, fueling speculation about potential policy shifts. As the industry expands, investors look for stocks benefiting from this growth.
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.
Stifel, on the other hand, stated in their research note that they expect to see MAPS reach a price target of $3.20, previously predicting the price at $10. The rating they have provided for MAPS stocks is “Hold” according to the report published on August 10th, 2022.
Piper Sandler gave a rating of “Neutral” to MAPS, setting the target price at $4 in the report published on August 10th of the previous year.
MAPS Trading at 4.47% 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 -13.94% of loss for the given period.
Volatility was left at 6.15%, however, over the last 30 days, the volatility rate increased by 5.78%, as shares sank -2.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.33% upper at present.
During the last 5 trading sessions, MAPS rose by +4.41%, which changed the moving average for the period of 200-days by +22.41% in comparison to the 20-day moving average, which settled at $1.3645. In addition, WM Technology Inc saw 2.90% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MAPS starting from Camire Brian, who sale 27,848 shares at the price of $1.02 back on Nov 18 ’24. After this action, Camire Brian now owns 629,158 shares of WM Technology Inc, valued at $28,508 using the latest closing price.
Camire Brian, the GENERAL COUNSEL of WM Technology Inc, sale 39,712 shares at $1.00 during a trade that took place back on Aug 16 ’24, which means that Camire Brian is holding 657,006 shares at $39,903 based on the most recent closing price.
Stock Fundamentals for MAPS
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.9 for the gross margin
The net margin for WM Technology Inc stands at -0.01. The total capital return value is set at 0.1. Equity return is now at value -7.37, with -1.04 for asset returns.
Based on WM Technology Inc (MAPS), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 1.22. The debt to equity ratio resting at 1.05. The interest coverage ratio of the stock is 15.81.
Currently, EBITDA for the company is 23.01 million with net debt to EBITDA at -0.41. When we switch over and look at the enterprise to sales, we see a ratio of 0.7. The receivables turnover for the company is 22.54for trailing twelve months and the total asset turnover is 1.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.14.
Conclusion
To put it simply, WM Technology Inc (MAPS) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as 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.
