1Spatial (LON:SPA) Share Price Crosses Below Two Hundred Day Moving Average - Here's Why

1Spatial Plc (LON:SPA - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 61.24 ($0.83) and traded as low as GBX 48.58 ($0.66). 1Spatial shares last traded at GBX 48.58 ($0.66), with a volume of 343,050 shares changing hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group lowered their price target on shares of 1Spatial from GBX 105 ($1.42) to GBX 95 ($1.29) and set a "buy" rating on the stock in a report on Monday.

1Spatial Stock Down 0.6%

The company has a current ratio of 1.14, a quick ratio of 0.63 and a debt-to-equity ratio of 23.20. The business has a fifty day simple moving average of GBX 49.88 and a two-hundred day simple moving average of GBX 60.86. The company has a market cap of £55.05 million, a PE ratio of 36.58 and a beta of 0.39.

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 net margin of 4.54% and a return on equity of 8.11%. As a group, equities research analysts predict that 1Spatial Plc will post 2.5783133 earnings per share for the current year.

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.