1Spatial (LON:SPA) Shares Down 0.7% – Here’s Why

1Spatial Plc (LON:SPA)’s share price fell 0.7% during trading on Wednesday . The company traded as low as GBX 69.03 ($0.87) and last traded at GBX 69.03 ($0.87). 25,741 shares traded hands during trading, a decline of 85% from the average session volume of 171,473 shares. The stock had previously closed at GBX 69.50 ($0.87).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 105 ($1.32) price objective on shares of 1Spatial in a report on Tuesday, October 15th.

1Spatial Stock Down 0.7 %

The business’s 50-day moving average is GBX 67.87 and its two-hundred day moving average is GBX 66.71. The firm has a market capitalization of £76.77 million, a price-to-earnings ratio of 6,903.10 and a beta of 0.39. The company has a debt-to-equity ratio of 25.05, a quick ratio of 0.63 and a current ratio of 1.11.

Insider Buying and Selling at 1Spatial

In other 1Spatial news, insider Claire Milverton bought 45,349 shares of the firm’s stock in a transaction on Monday, October 14th. The stock was purchased at an average cost of GBX 66 ($0.83) per share, with a total value of £29,930.34 ($37,629.29). Insiders own 5.74% of the company’s stock.

1Spatial Company Profile

1Spatial Plc develops and sells IT software, and related consultancy and support services in the United Kingdom, Ireland, Europe, the United States, and Australia. Its products include 1Integrate for automated data validation, cleaning, transformation, and enhancement for data; 1Data Gateway, a self-service web-portal for spatial data validation, processing, and analytics; 1Integrate 3D, an automated approach to data quality, data integration and data enhancement; 1Integrate for ArcGIS, a solution that ensures the compliance of data for use across the enterprise; 1Edit, a spatial vector data editing application; and 1Generalise that automatically creates various smaller-scale data products from large-scale data sources.