1Spatial (LON:SPA) Shares Down 9.8% – Here’s What Happened

Shares of 1Spatial Plc (LON:SPA) traded down 9.8% during trading on Wednesday . The company traded as low as GBX 44.15 ($0.58) and last traded at GBX 46 ($0.61). 695,887 shares changed hands during mid-day trading, an increase of 204% from the average session volume of 228,605 shares. The stock had previously closed at GBX 51 ($0.68).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 105 ($1.39) price target on shares of 1Spatial in a research note on Wednesday, March 19th.

1Spatial Stock Up 3.3 %

The firm has a market cap of £51.99 million, a price-to-earnings ratio of 34.54 and a beta of 0.39. The stock’s 50 day moving average is GBX 53.52 and its 200 day moving average is GBX 63.23. 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) last posted its quarterly earnings data on Wednesday, May 7th. The company reported GBX 0.20 ($0.00) earnings per share for the quarter. 1Spatial had a net margin of 4.54% and a return on equity of 8.11%. Analysts forecast that 1Spatial Plc will post 2.5783133 EPS for the current 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.