Intermap Technologies (TSE:IMP) Shares Cross Below 200 Day Moving Average – What’s Next?

Intermap Technologies Co. (TSE:IMP)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.67 and traded as low as C$1.62. Intermap Technologies shares last traded at C$1.76, with a volume of 208,231 shares changing hands.

Analysts Set New Price Targets

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

Intermap Technologies Price Performance

The business has a 50-day simple moving average of C$2.11 and a two-hundred day simple moving average of C$2.67. 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 stock has a market capitalization of C$125.30 million, a price-to-earnings ratio of -58.67 and a beta of 1.52.

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

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.