1Spatial (LON:SPA) Stock Passes Below 200-Day Moving Average - Should You Sell?

Key Points

• 1Spatial Plc's stock price has fallen below its 200-day moving average of GBX 53.99, trading as low as GBX 48.67 ($0.65) recently.
• Analysts from Canaccord Genuity Group have lowered their price target for 1Spatial from GBX 105 to GBX 95 while maintaining a "buy" rating.
• The company's latest earnings report indicated an earnings per share of GBX 0.20, with analysts predicting an average of 2.58 earnings per share for the current fiscal year.

Shares of 1Spatial Plc (LON:SPA - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 53.99 ($0.73) and traded as low as GBX 48.67 ($0.65). 1Spatial shares last traded at GBX 48.67 ($0.65), with a volume of 56,758 shares traded.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group cut their price objective on 1Spatial from GBX 105 ($1.41) to GBX 95 ($1.28) and set a "buy" rating on the stock in a research note on Monday, June 2nd.

1Spatial Stock Performance

The company has a market capitalization of £56.25 million, a price-to-earnings ratio of 37.38 and a beta of 0.39. The stock has a 50 day simple moving average of GBX 47.57 and a 200 day simple moving average of GBX 53.70. The company has a quick ratio of 0.63, a current ratio of 1.14 and a debt-to-equity ratio of 23.20.

1Spatial (LON:SPA - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported GBX 0.20 ($0.00) earnings per share (EPS) for the quarter. 1Spatial had a return on equity of 8.11% and a net margin of 4.54%. As a group, analysts anticipate that 1Spatial Plc will post 2.5783133 earnings per share for the current fiscal year.

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.