1Spatial (LON:SPA) Stock Crosses Below 200 Day Moving Average – What’s Next?

Shares of 1Spatial Plc (LON:SPA) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 60.40 ($0.82) and traded as low as GBX 48 ($0.65). 1Spatial shares last traded at GBX 48.11 ($0.65), with a volume of 87,255 shares trading hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reduced their price target on shares of 1Spatial from GBX 105 ($1.42) to GBX 95 ($1.29) and set a “buy” rating on the stock in a research report on Monday, June 2nd.

1Spatial Stock Performance

The company has a debt-to-equity ratio of 23.20, a quick ratio of 0.63 and a current ratio of 1.14. The firm has a market capitalization of £54.38 million, a P/E ratio of 36.14 and a beta of 0.39. The stock has a 50-day moving average of GBX 49.56 and a 200 day moving average of GBX 60.40.

1Spatial (LON:SPA) last announced its quarterly earnings results on Wednesday, May 7th. The company reported GBX 0.20 ($0.00) EPS for the quarter. 1Spatial had a net margin of 4.54% and a return on equity of 8.11%. On average, research analysts anticipate that 1Spatial Plc will post 2.5783133 earnings per share for the current year.

About 1Spatial

1Spatial plc is a global leader in providing Location Master Data Management (LMDM) software, solutions and business applications, primarily to the Government, Utilities and Transport sectors via the 1Spatial platform. Our solutions ensure data governance, facilitating the efficient, effective and sustainable operation of customers around the world.