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

Intermap Technologies Co. (TSE:IMP)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.10 and traded as low as C$1.95. Intermap Technologies shares last traded at C$2.13, with a volume of 175,414 shares changing hands.

Intermap Technologies Trading Up 7.6%

The business’s 50-day moving average is C$1.60 and its two-hundred day moving average is C$2.10. The company has a debt-to-equity ratio of 8.03, a quick ratio of 0.20 and a current ratio of 5.05. The stock has a market capitalization of C$151.22 million, a PE ratio of -19.36 and a beta of 0.21.

Intermap Technologies (TSE:IMP) last posted its quarterly earnings results on Tuesday, March 31st. The company reported C($0.07) earnings per share for the quarter. Intermap Technologies had a negative return on equity of 38.48% and a negative net margin of 63.50%.The company had revenue of C$1.98 million for the quarter.

About Intermap Technologies

Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQB: ITMSF) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows.