1Spatial (LON:SPA) Sets New 52-Week High - Here's Why

Key Points

• 1Spatial stock hit a new 52-week high, trading as high as GBX 73 (last GBX 73) on Monday with 7,268 shares changing hands, up from a prior close of GBX 71.61.
• Canaccord Genuity cut its rating to "Hold" and lowered the target from GBX 95 to GBX 73; the consensus analyst rating is Hold with a consensus price target of GBX 73.
• Key fundamentals show a small market cap of £81.66 million and a very high valuation (P/E ~500), alongside modest liquidity (current ratio 1.13, quick ratio 0.63) and meaningful debt (debt-to-equity 41.02), suggesting elevated valuation and some balance-sheet constraints.

1Spatial Plc (LON:SPA - Get Free Report)'s stock price reached a new 52-week high on Monday . The stock traded as high as GBX 73 and last traded at GBX 73, with a volume of 7268 shares changing hands. The stock had previously closed at GBX 71.61.

Analyst Ratings Changes

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

1Spatial Price Performance

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 company has a 50 day simple moving average of GBX 71.15 and a 200 day simple moving average of GBX 59.22. The stock has a market cap of £81.66 million, a P/E ratio of 500.00 and a beta of 0.10.

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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