Intermap Technologies (TSE:IMP) Trading 15.2% Higher - Here's Why

Intermap Technologies Co. (TSE:IMP - Get Free Report) shares traded up 15.2% on Tuesday . The company traded as high as C$2.61 and last traded at C$2.58. 108,298 shares traded hands during trading, an increase of 55% from the average session volume of 69,904 shares. The stock had previously closed at C$2.24.

Wall Street Analyst Weigh In

Separately, Stifel Canada upgraded shares of Intermap Technologies to a "strong-buy" rating in a research report on Monday.

Intermap Technologies Trading Down 1.9%

The firm has a market capitalization of C$119.36 million, a price-to-earnings ratio of -707.15 and a beta of 1.22. The business's 50 day moving average price is C$2.33 and its 200-day moving average price is C$2.20. The company has a debt-to-equity ratio of 550.00, a current ratio of 0.52 and a quick ratio of 0.20.

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.