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Intermap Technologies (TSE:IMP) Stock Price Passes Above 200 Day Moving Average - Here's What Happened

Intermap Technologies logo with Computer and Technology background

Key Points

  • Intermap Technologies shares have surpassed their 200-day moving average, trading as high as C$3.06 before settling at C$2.99.
  • Wall Street analysts have given the stock a consensus rating of "Strong Buy," with Stifel Canada recently upgrading its rating.
  • The company specializes in geospatial intelligence, providing services to various sectors including insurance, aviation, and telecommunications.
  • MarketBeat previews the top five stocks to own by November 1st.

Intermap Technologies Co. (TSE:IMP - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.53 and traded as high as C$3.06. Intermap Technologies shares last traded at C$2.99, with a volume of 74,170 shares.

Wall Street Analyst Weigh In

Separately, Stifel Canada upgraded Intermap Technologies to a "strong-buy" rating in a research note on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Strong Buy".

Read Our Latest Stock Analysis on Intermap Technologies

Intermap Technologies Stock Performance

The firm has a 50 day moving average of C$3.12 and a two-hundred day moving average of C$2.53. The stock has a market cap of C$212.28 million, a P/E ratio of 149.50 and a beta of 1.44. 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

(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.

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