1Spatial (LON:SPA) Hits New 12-Month High – Should You Buy?

1Spatial Plc (LON:SPA)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 73 and last traded at GBX 72, with a volume of 45678 shares changing hands. The stock had previously closed at GBX 72.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group downgraded 1Spatial to a “hold” rating and decreased their price target for the stock from GBX 95 to GBX 73 in a research note on Monday, December 15th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, 1Spatial currently has a consensus rating of “Hold” and a consensus price target of GBX 73.

1Spatial Stock Performance

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 business’s 50-day moving average is GBX 70.17 and its two-hundred day moving average is GBX 56.53. The firm has a market cap of £80.54 million, a P/E ratio of 500.00 and a beta of 0.39.

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. Our global clients include national mapping and land management agencies, utility companies, transportation organisations, government and defence departments.

Today, when using and sharing trusted data provides significant opportunities for businesses and governments to deliver against important sustainability and Net Zero goals, our vision is clear – to make the world safer, smarter and more sustainable by unlocking the value in data, enabling better decisions and greater insights.

The 1Spatial platform is a comprehensive set of data and system agnostic LMDM software components which helps ensure master data is compliant, current, complete, consistent, and coordinated – and that customers can be confident it will remain that way as it evolves.