1Spatial (LON:SPA) Stock Price Passes Below 200-Day Moving Average – Time to Sell?

1Spatial Plc (LON:SPA) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 47.92 and traded as low as GBX 46.22. 1Spatial shares last traded at GBX 46.26, with a volume of 43,345 shares trading hands.

Wall Street Analyst Weigh In

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

1Spatial Stock Down 0.5%

The company has a market capitalization of £51.73 million, a price-to-earnings ratio of 500.00 and a beta of 0.39. 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 firm’s 50 day simple moving average is GBX 48.72 and its 200-day simple moving average is GBX 47.92.

1Spatial (LON:SPA) last released its earnings results on Monday, October 13th. The company reported GBX (0.30) EPS for the quarter. 1Spatial had a return on equity of 8.11% and a net margin of 4.54%. On average, sell-side analysts anticipate that 1Spatial Plc will post 2.5783133 EPS for the current fiscal year.

1Spatial Company Profile

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.