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Intermap Technologies (TSE:IMP) Stock Crosses Above 50 Day Moving Average - Here's What Happened

Intermap Technologies logo with Computer and Technology background

Key Points

  • Intermap Technologies (TSE:IMP) shares have crossed above the 50-day moving average, reaching a high of C$3.17, with a latest trading price of C$3.01.
  • Stifel Canada has upgraded Intermap Technologies to a "strong-buy" rating, signaling potential investor confidence in the company.
  • The company has a market capitalization of C$114.78 million and shows a significant debt-to-equity ratio of 550.00, indicating potential financial risk.
  • Five stocks to consider instead of Intermap Technologies.

Intermap Technologies Co. (TSE:IMP - Get Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$2.60 and traded as high as C$3.17. Intermap Technologies shares last traded at C$3.01, with a volume of 95,402 shares.

Analyst Ratings Changes

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

Get Our Latest Report on IMP

Intermap Technologies Stock Performance

The firm's 50-day moving average price is C$2.65 and its two-hundred day moving average price is C$2.31. The company has a debt-to-equity ratio of 550.00, a quick ratio of 0.20 and a current ratio of 0.52. The stock has a market cap of C$114.78 million, a price-to-earnings ratio of -680.04 and a beta of 1.22.

About Intermap Technologies

(Get Free Report)

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.

Further Reading

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