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How to Buy Wm Technology Stock

Wm Technology Inc

WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States, Canada, and internationally.

Wm Technology stock last closed at $1.14, down 1.72% from the previous day, and has increased 52.2% in one year. It has overperformed other stocks in the Software - Application industry by 0.34 percentage points. Wm Technology stock is currently +91.28% from its 52-week low of $0.60, and -39.36% from its 52-week high of $1.88.

As of Apr 18, 2024, there are 149.37M shares of MAPS outstanding. The market value of MAPS is $170.28M. In the last 24 hours, 423,081 MAPS shares were traded.

How to Buy Wm Technology Stock

Wondering how to invest in Wm Technology stock? Here's how.
  1. Choose where to buy Wm Technology stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Wm Technology stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Pick your method of payment and add your information.
  4. Research Wm Technology stock: The Wm Technology ticker symbol is MAPS. Is Wm Technology stock a good investment? Should you buy shares of MAPS? How do MAPS's underlying business fundamentals look? Do top analysts think Wm Technology is a good buy? Why has MAPS's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if MAPS is a good stock to buy).
  5. Make your MAPS purchase: Decide if you will purchase MAPS shares at the current market price or use a limit order to buy MAPS shares at a specific price.
  6. Watch your MAPS investment: Create a watchlist to keep track of your position in Wm Technology shares.

Step 1: Choose where to buy Wm Technology stock

You will need a brokerage account in order to access the NASDAQ market and buy MAPS stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, the next step is to fill out some personal details so you are able to invest in MAPS today.

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Step 3: Deposit money your investment account

Now that you have filled out your info on stock apps to use, you need to deposit funds:

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Step 4: Research Wm Technology stock

Once you have figured out the best place to buy Wm Technology stock, it's very important to research their stock before you invest, so you truly wrap your head around the risk and upside.

Wm Technology quick stats

MAPS Price
$1.14
1w %
-10.24%
1y %
52.2%
5y %
N/A
P/E
-0.87x
P/B
8.54x
P/S
0.55x
PEG
N/A
Revenue
$195.87M
Earnings
-$111.41M
Fore. Rev. Growth
6.38%
Fore. Earn. Growth
N/A
Market Cap
$170.28M
Next Earnings
May 1, 2024
Next Dividend
N/A

Wm Technology Zen Score

WallStreetZen was created to help average investors do better fundamental analysis.

You can view all of the due diligence checks on MAPS's stock page.

Is MAPS stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MAPS's fair value.

Using relative valuations ratios:

  • MAPS could be overvalued based on its P/B ratio of 8.54x, relative to Software - Application industry P/B ratio of 6.39x

You can do additional valuation analysis on MAPS's stock here.

Is MAPS a healthy company?

Pros:

  • MAPS has cash burn of 535000. It has sufficient cash and short-term investments to cover this for at least one year.
  • MAPS has $27.72M in cash and short term investments. This is sufficient to cover its annual cash burn of $535.00k.
  • There are more short-term assets than short-term liabilities on the MAPS balance sheet.
  • There are more short-term assets than long-term liabilities on the MAPS balance sheet.

Cons:

  • MAPS profit margin has gone down from 12.7% to -56.9% in the past year.
  • MAPS has a relatively high debt to equity ratio of 3.2.

You can dig deeper into what analysts are forecasting on the Wm Technology stock forecast page.

MAPS Technicals

SMA10
1.23
SMA20
1.22
SMA50
1.04
SMA100
0.94
SMA200
1.06
MACD
0.04
MACD Signal
0.07
MACD Histogram
-0.03
RSI
48.6
Stochastic %K
16.97
Stochastic %D
23.45
StochRSI %K
0
StochRSI %D
0

How is MAPS performing as a company?

Last year, MAPS revenue was $195.87M. During the past three year, MAPS's revenue has increased by 87.39% per year. This was faster than the Software - Application industry average of 27.61%.

You can analyze MAPS's earnings and revenue performance here.

Latest Insiders Trades at MAPS

In the past year, insiders at MAPS have sold more shares than they have bought.

Anthony Bay, Director of MAPS, was the latest MAPS insider to sell. They sold $5,874.88 worth of MAPS shares on Mar 11, 2024.

Learn more about who owns MAPS shares here.

Does MAPS stock generate passive income?

No, Wm Technology doesn't provide an income stream by paying out dividends.

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Step 5: Make your MAPS purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price limit, use a limit order.

Press the Open button and your broker will execute the order.

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Step 6: Watch your MAPS investment

Now that you own some MAPS stock, you'll want to keep up with your stock purchase.

Create a watchlist to keep tabs on your MAPS stock.

MAPS Feed

How to Buy Stock in Wm Technology

To summarize, here are the 6 steps for buying Wm Technology stock:

  1. Choose where to buy Wm Technology stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Research Wm Technology stock
  5. Make your MAPS purchase
  6. Watch your MAPS investment

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today
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If you would like to monitor your investment in Wm Technology, click below.

NASDAQ: MAPS
$1.14-0.02 (-1.72%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: MAPS
$1.14-0.02 (-1.72%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Wm Technology share?

As of Apr 18, 2024, it costs $1.14 to buy one share of Wm Technology stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.57, you can buy 0.5 shares of MAPS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Wm Technology stock?

One way to place an order for Wm Technology stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.