Intermap Technologies (TSE:IMP) Stock Passes Below 200 Day Moving Average – Here’s Why

Intermap Technologies Co. (TSE:IMP)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.74 and traded as low as C$1.95. Intermap Technologies shares last traded at C$1.96, with a volume of 34,655 shares trading hands.

Analyst Ratings Changes

Separately, Atrium Research raised Intermap Technologies to a “strong-buy” rating in a report on Thursday, October 16th. Two research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Strong Buy”.

Intermap Technologies Price Performance

The company has a quick ratio of 0.20, a current ratio of 0.52 and a debt-to-equity ratio of 550.00. The company’s fifty day moving average price is C$2.53 and its 200 day moving average price is C$2.74. The company has a market capitalization of C$139.54 million, a P/E ratio of -65.33 and a beta of 1.52.

Intermap Technologies (TSE:IMP) last issued its quarterly earnings results on Thursday, November 13th. The company reported C($0.02) earnings per share (EPS) for the quarter. The company had revenue of C$2.39 million during the quarter. Intermap Technologies had a negative net margin of 1.14% and a positive return on equity of 4.87%.

Intermap Technologies Company Profile

Intermap Technologies Corp is a global location-based geospatial intelligence company. It offers end-to-end geospatial services to government and commercial markets with patented sensors and processing technology. Its solutions are used for a range of applications, including flood and wildfire insurance, aviation, telecom, renewables, and railway.