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Where Will WM Technology Inc (MAPS) Stock Go Next After It Is Up 11.49% in a Week?

Monday, May 16, 2022 01:34 PM | InvestorsObserver Analysts
Where Will WM Technology Inc (MAPS) Stock Go Next After It Is Up 11.49% in a Week?

Overall market sentiment has been high on WM Technology Inc (MAPS) stock lately. MAPS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
WM Technology Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MAPS!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With MAPS Stock Today?

WM Technology Inc (MAPS) stock is lower by -4.41% while the S&P 500 has risen 0.12% as of 1:33 PM on Monday, May 16. MAPS is down -$0.26 from the previous closing price of $5.89 on volume of 422,468 shares. Over the past year the S&P 500 has fallen -3.23% while MAPS is down -62.06%. MAPS earned $0.90 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.23.

More About WM Technology Inc

WM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises B2C platform Weedmaps, and B2B software WM Business. Click Here to get the full Stock Report for WM Technology Inc stock.

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