1Spatial (LON:SPA) Hits New 52-Week High - Time to Buy?

Key Points

• Shares of 1Spatial hit a new 52-week high at GBX 73, last trading around GBX 71.62 on a volume of 146,016 and sitting near its 50‑day moving average (GBX 71.79).
• Analyst sentiment cooled as Canaccord Genuity downgraded the stock to a “hold” and cut its target from GBX 95 to GBX 73; the consensus rating and price target are both currently Hold / GBX 73.
• Key fundamentals show a small market cap (£80.11m) with a very high P/E (500.00), low volatility (beta 0.10) and modest liquidity (debt/equity 41.02, current ratio 1.13, quick ratio 0.63), suggesting a stretched valuation and limited financial headroom.

Shares of 1Spatial Plc (LON:SPA - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as GBX 73 and last traded at GBX 71.62, with a volume of 146016 shares trading hands. The stock had previously closed at GBX 73.

Analyst Ratings Changes

Separately, Canaccord Genuity Group downgraded 1Spatial to a "hold" rating and decreased their target price for the company from GBX 95 to GBX 73 in a research note on Monday, December 15th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, 1Spatial has a consensus rating of "Hold" and a consensus price target of GBX 73.

1Spatial Stock Performance

The stock has a fifty day moving average price of GBX 71.79 and a two-hundred day moving average price of GBX 61.94. The company has a market cap of £80.11 million, a P/E ratio of 500.00 and a beta of 0.10. The company has a debt-to-equity ratio of 41.02, a current ratio of 1.13 and a quick ratio of 0.63.

About 1Spatial

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.

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