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

Shares of 1Spatial Plc (LON:SPA) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 73 and last traded at GBX 71.30, with a volume of 6382834 shares changing hands. The stock had previously closed at GBX 72.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group downgraded 1Spatial to a “hold” rating and cut their target price 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, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 73.

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 company has a market capitalization of £79.76 million, a price-to-earnings ratio of 500.00 and a beta of 0.39. The firm has a 50-day simple moving average of GBX 66.63 and a two-hundred day simple moving average of GBX 54.60.

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.