Intermap Technologies (TSE:IMP) Shares Down 14.9% – Time to Sell?

by · The Cerbat Gem

Shares of Intermap Technologies Co. (TSE:IMP – Get Free Report) were down 14.9% on Friday . The stock traded as low as C$1.79 and last traded at C$2.00. Approximately 416,002 shares changed hands during mid-day trading, an increase of 339% from the average daily volume of 94,757 shares. The stock had previously closed at C$2.35.

Analyst Ratings Changes

Separately, Atrium Research upgraded 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, According to data from MarketBeat.com, Intermap Technologies currently has a consensus rating of “Strong Buy”.

Check Out Our Latest Research Report on IMP

Intermap Technologies Stock Performance

The business has a fifty day moving average of C$2.64 and a 200 day moving average of C$2.76. The company has a market cap of C$150.93 million, a P/E ratio of -70.67 and a beta of 1.52. The company has a quick ratio of 0.20, a current ratio of 0.52 and a debt-to-equity ratio of 550.00.

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

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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