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Intermap Technologies (TSE:IMP) Trading Down 12.9% - What's Next?

Intermap Technologies logo with Computer and Technology background

Key Points

  • Intermap Technologies' stock dropped 12.9% on Tuesday, trading as low as C$3.03 before closing at C$3.04, with trading volume increasing by 369% from the average.
  • Stifel Canada has upgraded the company's stock to a "strong-buy" rating, contributing to an overall average rating of "Strong Buy" from analysts.
  • Intermap Technologies has a market cap of C$183.63 million and a notably high debt-to-equity ratio of 550.00, indicating potential financial instability.
  • Five stocks to consider instead of Intermap Technologies.

Intermap Technologies Co. (TSE:IMP - Get Free Report) fell 12.9% during trading on Tuesday . The stock traded as low as C$3.03 and last traded at C$3.04. 369,333 shares were traded during trading, an increase of 369% from the average session volume of 78,671 shares. The stock had previously closed at C$3.49.

Analysts Set New Price Targets

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

Read Our Latest Analysis on Intermap Technologies

Intermap Technologies Stock Performance

The company has a market cap of C$183.63 million, a PE ratio of 152.50 and a beta of 1.27. The company has a current ratio of 0.52, a quick ratio of 0.20 and a debt-to-equity ratio of 550.00. The firm's 50-day simple moving average is C$3.16 and its two-hundred day simple moving average is C$2.45.

Intermap Technologies Company Profile

(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.

See Also

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