1Spatial (LON:SPA) Shares Down 1.4% – What’s Next?

1Spatial Plc (LON:SPA)’s share price was down 1.4% during trading on Friday . The stock traded as low as GBX 68.02 ($0.89) and last traded at GBX 68.02 ($0.89). Approximately 6,641 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 177,444 shares. The stock had previously closed at GBX 69 ($0.90).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 105 ($1.37) price objective on shares of 1Spatial in a research report on Tuesday, October 15th.

1Spatial Stock Down 1.4 %

The company has a 50-day simple moving average of GBX 62.60 and a 200 day simple moving average of GBX 66.72. The company has a market cap of £75.65 million, a P/E ratio of 6,802.00 and a beta of 0.39. The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 25.05.

Insiders Place Their Bets

In other news, insider Claire Milverton bought 45,349 shares of the stock in a transaction on Monday, October 14th. The stock was acquired at an average cost of GBX 66 ($0.86) per share, for a total transaction of £29,930.34 ($38,961.65). Company insiders own 5.74% of the company’s stock.

1Spatial Company Profile

1Spatial Plc develops and sells IT software, and related consultancy and support services in the United Kingdom, Ireland, Europe, the United States, and Australia. Its products include 1Integrate for automated data validation, cleaning, transformation, and enhancement for data; 1Data Gateway, a self-service web-portal for spatial data validation, processing, and analytics; 1Integrate 3D, an automated approach to data quality, data integration and data enhancement; 1Integrate for ArcGIS, a solution that ensures the compliance of data for use across the enterprise; 1Edit, a spatial vector data editing application; and 1Generalise that automatically creates various smaller-scale data products from large-scale data sources.