Intermap Technologies (TSE:IMP) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Intermap Technologies Co. (TSE:IMP) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.48 and traded as low as C$1.00. Intermap Technologies shares last traded at C$1.00, with a volume of 31,000 shares trading hands.

Intermap Technologies Stock Down 6.5%

The company has a market capitalization of C$73.78 million, a PE ratio of -7.69 and a beta of 0.14. The company’s fifty day moving average is C$1.06 and its 200-day moving average is C$1.48. The company has a debt-to-equity ratio of 8.96, a quick ratio of 0.20 and a current ratio of 3.90.

Intermap Technologies (TSE:IMP) last issued its quarterly earnings results on Wednesday, May 13th. The company reported C($0.06) earnings per share for the quarter. The firm had revenue of C$1.97 million for the quarter. Intermap Technologies had a negative net margin of 110.18% and a negative return on equity of 42.65%.

Intermap Technologies Company Profile

Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQB: ITMSF) is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. Through scientific analysis of geospatial information and patented sensors and processing technology, the Company provisions diverse, complementary, multi-source datasets to enable customers to seamlessly integrate geospatial intelligence into their workflows.