1Spatial (LON:SPA) Reaches New 52-Week High – Should You Buy?

Shares of 1Spatial Plc (LON:SPA) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 73 and last traded at GBX 71.36, with a volume of 27876 shares changing hands. The stock had previously closed at GBX 71.50.

Analyst Ratings Changes

Separately, Canaccord Genuity Group downgraded shares of 1Spatial to a “hold” rating and cut their price target for the stock from GBX 95 to GBX 73 in a report on Monday, December 15th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of GBX 73.

1Spatial Stock Performance

The company has a debt-to-equity ratio of 41.02, a quick ratio of 0.63 and a current ratio of 1.13. The company has a 50 day moving average price of GBX 70.50 and a 200 day moving average price of GBX 57.45. The company has a market capitalization of £79.82 million, a price-to-earnings ratio of 500.00 and a beta of 0.39.

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. 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.