Intermap Technologies (TSE:IMP) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Intermap Technologies Co. (TSE:IMP) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.67 and traded as low as C$1.62. Intermap Technologies shares last traded at C$1.76, with a volume of 208,231 shares traded.

Wall Street Analyst Weigh In

Separately, Atrium Research raised shares of Intermap Technologies to a “strong-buy” rating in a report on Thursday, October 16th. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

Intermap Technologies Stock Performance

The company has a 50-day moving average of C$2.11 and a 200-day moving average of C$2.67. 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 has a market capitalization of C$125.30 million, a price-to-earnings ratio of -58.67 and a beta of 1.52.

Intermap Technologies (TSE:IMP) last issued its earnings results on Thursday, November 13th. The company reported C($0.02) earnings per share (EPS) for the quarter. The business had revenue of C$2.39 million during the quarter. Intermap Technologies had a positive return on equity of 4.87% and a negative net margin of 1.14%.

Intermap Technologies Company Profile

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.