1Spatial (LON:SPA) Sets New 12-Month High - Here's What Happened

Key Points

• 1Spatial hit a new 52-week high — shares traded as high as GBX 73 (last at GBX 71.56) on a volume of 78,560, up from the prior close of GBX 72.
• Canaccord Genuity downgraded the stock to "Hold" and cut its price target from GBX 95 to GBX 73; MarketBeat shows an average rating of Hold and an average target of GBX 73.
• Valuation and balance-sheet snapshot — market cap £80.05m, PE ~500, debt-to-equity 41.02 and beta 0.10, with the 50-day MA (~GBX 71.74) above the 200-day MA (~GBX 61.23), indicating small-cap status, high valuation and notable leverage.

1Spatial Plc (LON:SPA - Get Free Report)'s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 73 and last traded at GBX 71.56, with a volume of 78560 shares changing hands. The stock had previously closed at GBX 72.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered 1Spatial to a "hold" rating and cut their price objective for the company from GBX 95 to GBX 73 in a research report on Monday, December 15th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, 1Spatial currently has an average rating of "Hold" and an average target price of GBX 73.

1Spatial Trading Down 0.6%

The company has a market cap of £80.05 million, a PE 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. The company has a 50-day moving average of GBX 71.74 and a 200 day moving average of GBX 61.23.

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.

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