1Spatial (LON:SPA) Sets New 1-Year High – Time to Buy?

1Spatial Plc (LON:SPA) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 73 and last traded at GBX 73, with a volume of 7268 shares. The stock had previously closed at GBX 71.61.

Analyst Upgrades and Downgrades

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

1Spatial Stock Performance

The firm’s 50 day moving average price is GBX 71.34 and its two-hundred day moving average price is GBX 59.58. The firm has a market cap of £80.04 million, a PE ratio of 500.00 and a beta of 0.10. The company has a debt-to-equity ratio of 41.02, a quick ratio of 0.63 and a current ratio of 1.13.

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.