1Spatial (LON:SPA) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of 1Spatial Plc (LON:SPA) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 48.43 and traded as low as GBX 48. 1Spatial shares last traded at GBX 49.76, with a volume of 403,248 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 95 target price on shares of 1Spatial in a research note on Monday, October 13th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, 1Spatial currently has an average rating of “Buy” and a consensus target price of GBX 95.

1Spatial Price Performance

The firm has a market cap of £53.65 million, a PE ratio of 500.00 and a beta of 0.39. The company has a debt-to-equity ratio of 23.20, a current ratio of 1.14 and a quick ratio of 0.63. The firm has a 50-day simple moving average of GBX 49.07 and a 200 day simple moving average of GBX 48.43.

1Spatial (LON:SPA) last issued its quarterly earnings results on Monday, October 13th. The company reported GBX (0.30) earnings per share (EPS) for the quarter. 1Spatial had a return on equity of 8.11% and a net margin of 4.54%. As a group, equities analysts expect that 1Spatial Plc will post 2.5783133 EPS for the current year.

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.