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

Shares of 1Spatial Plc (LON:SPA) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 48.15 and traded as low as GBX 43.83. 1Spatial shares last traded at GBX 46, with a volume of 63,589 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 95 price objective on shares of 1Spatial in a research report on Monday, October 13th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, 1Spatial has a consensus rating of “Buy” and an average price target of GBX 95.

1Spatial Stock Up 4.5%

The firm’s 50 day simple moving average is GBX 49.04 and its 200-day simple moving average is GBX 48.15. The company has a current ratio of 1.14, a quick ratio of 0.63 and a debt-to-equity ratio of 23.20. The stock has a market capitalization of £51.38 million, a price-to-earnings ratio of 500.00 and a beta of 0.39.

1Spatial (LON:SPA) last released its earnings results on Monday, October 13th. The company reported GBX (0.30) earnings per share for the quarter. 1Spatial had a net margin of 4.54% and a return on equity of 8.11%. Equities analysts expect that 1Spatial Plc will post 2.5783133 earnings per share for the current fiscal 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.