1Spatial (LON:SPA) Reaches New 1-Year High – Here’s Why

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

Analyst Upgrades and Downgrades

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

1Spatial Stock Up 0.2%

The company has a market cap of £80.70 million, a PE ratio of 500.00 and a beta of 0.39. The firm has a 50-day simple moving average of GBX 67.66 and a two-hundred day simple moving average of GBX 54.89. The company has a debt-to-equity ratio of 23.20, a current ratio of 1.14 and a quick ratio of 0.63.

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.