Intermap Technologies (TSE:IMP) Reaches New 12-Month High - What's Next?

Key Points

• Intermap Technologies reached a new 52-week high at C$3.35, with the last trade at C$3.27, marking a significant increase in trading volume.
• Analyst firm Stifel Canada upgraded Intermap Technologies to a "strong-buy" rating, reflecting a positive outlook for the company's stock.
• The company's market capitalization stands at C$125.84 million, indicating potential growth within its geospatial services sector, which includes applications in insurance and telecom.

Intermap Technologies Co. (TSE:IMP - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as C$3.35 and last traded at C$3.27, with a volume of 124556 shares traded. The stock had previously closed at C$3.18.

Analyst Upgrades and Downgrades

Separately, Stifel Canada upgraded Intermap Technologies to a "strong-buy" rating in a research note on Monday, July 14th.

Intermap Technologies Stock Performance

The stock has a market capitalization of C$125.46 million, a P/E ratio of -743.30 and a beta of 1.22. The stock has a 50 day moving average of C$2.48 and a 200 day moving average of C$2.26. The company has a debt-to-equity ratio of 550.00, a quick ratio of 0.20 and a current ratio of 0.52.

About Intermap Technologies

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.