On November 20, 2023, WM Technology Inc (NASDAQ: MAPS) opened at $0.8279, higher 7.86% from the last session. During the day, the shares moved up to $0.8989 and dropped to $0.8001 before settling in for the closing price of $0.79. Price fluctuations for MAPS have ranged from $0.60 to $1.88 over the past 52 weeks.
A company in the Technology sector has jumped its sales by 10.32% annually for the last half of the decade. Company’s average yearly earnings per share was noted 95.22% at the time writing. With a float of $77.57 million, this company’s outstanding shares have now reached $92.06 million.
In an organization with 583 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +87.52, operating margin of -32.02, and the pretax margin is +44.74.
WM Technology Inc (MAPS) Insider Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of WM Technology Inc is 17.37%, while institutional ownership is 40.24%. The most recent insider transaction that took place on Nov 16, was worth 40,682. In this transaction General Counsel of this company sold 46,261 shares at a rate of $0.88, taking the stock ownership to the 753,164 shares. Before that another transaction happened on Nov 16, when Company’s Chief Technology Officer sold 35,967 for $0.88, making the entire transaction worth $31,680. This insider now owns 769,308 shares in total.
WM Technology Inc (MAPS) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted -$0.02 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.03) by $0.01. This company achieved a net margin of -53.82 while generating a return on equity of -301.52. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 95.22% per share during the next fiscal year.
WM Technology Inc (NASDAQ: MAPS) Trading Performance Indicators
Check out the current performance indicators for WM Technology Inc (MAPS). In the past quarter, the stock posted a quick ratio of 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.21, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of WM Technology Inc (MAPS)
Let’s dig in a bit further. During the last 5-days, its volume was 0.76 million. That was better than the volume of 0.49 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.39%. Additionally, its Average True Range was 0.11.
During the past 100 days, WM Technology Inc’s (MAPS) raw stochastic average was set at 7.31%, which indicates a significant decrease from 14.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 92.07% in the past 14 days, which was higher than the 89.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2123, while its 200-day Moving Average is $1.0327. However, in the short run, WM Technology Inc’s stock first resistance to watch stands at $0.9006. Second resistance stands at $0.9492. The third major resistance level sits at $0.9994. If the price goes on to break the first support level at $0.8018, it is likely to go to the next support level at $0.7516. Assuming the price breaks the second support level, the third support level stands at $0.7030.
WM Technology Inc (NASDAQ: MAPS) Key Stats
There are currently 149,367K shares outstanding in the company with a market cap of 80.00 million. Presently, the company’s annual sales total 215,530 K according to its annual income of -115,990 K. Last quarter, the company’s sales amounted to 47,730 K and its income totaled -1,540 K.