Nearmap Ltd (ASX:NEA), a internet company based in Australia, led the ASX gainers with a relatively large price hike in the past couple of weeks. As a small cap stock, which tends to lack high analyst coverage, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Let’s take a look at Nearmap’s outlook and value based on the most recent financial data to see if the opportunity still exists...
