1Spatial (LON:SPA) Sets New 12-Month High – Time to Buy?

1Spatial Plc (LON:SPA) 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 71.61, with a volume of 3225 shares changing hands. The stock had previously closed at GBX 73.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group downgraded 1Spatial to a “hold” rating and cut their price target for the company 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 MarketBeat, 1Spatial has a consensus rating of “Hold” and a consensus price target of GBX 73.

1Spatial Price Performance

The stock has a 50-day moving average price of GBX 70.82 and a two-hundred day moving average price of GBX 58.34. 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 stock has a market cap of £80.10 million, a price-to-earnings ratio of 500.00 and a beta of 0.10.

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.