1Spatial (LON:SPA) Sets New 1-Year High – Still a Buy?

Shares of 1Spatial Plc (LON:SPA) hit a new 52-week high during trading on Monday . The company traded as high as GBX 73 and last traded at GBX 71.61, with a volume of 3225 shares traded. The stock had previously closed at GBX 73.

Analysts Set New Price Targets

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

1Spatial Stock Down 1.9%

The company has a current ratio of 1.13, a quick ratio of 0.63 and a debt-to-equity ratio of 41.02. The firm has a market cap of £80.10 million, a PE ratio of 500.00 and a beta of 0.10. The business’s 50-day simple moving average is GBX 70.82 and its 200 day simple moving average is GBX 58.34.

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.