1Spatial (LON:SPA) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of 1Spatial (LON:SPA) in a research note released on Tuesday morning, Marketbeat.com reports. The firm currently has a GBX 105 ($1.37) target price on the stock.

1Spatial Trading Down 0.6 %

SPA stock opened at GBX 66.61 ($0.87) on Tuesday. The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 25.05. 1Spatial has a 12-month low of GBX 45.33 ($0.59) and a 12-month high of GBX 77 ($1.01). The stock has a market cap of £74.08 million, a price-to-earnings ratio of 6,634.90 and a beta of 0.39. The business’s 50-day moving average is GBX 62.20 and its 200 day moving average is GBX 65.55.

Insider Buying and Selling

In other news, insider Claire Milverton acquired 45,349 shares of the firm’s stock in a transaction on Monday, October 14th. The shares were bought at an average price of GBX 66 ($0.86) per share, for a total transaction of £29,930.34 ($39,083.76). 5.74% of the stock is owned by company insiders.

About 1Spatial

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.