1Spatial (LON:SPA) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

1Spatial Plc (LON:SPA)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 48.43 and traded as low as GBX 48. 1Spatial shares last traded at GBX 49.76, with a volume of 403,248 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 95 price target on shares of 1Spatial in a research note on Monday, October 13th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, 1Spatial presently has a consensus rating of “Buy” and a consensus price target of GBX 95.

1Spatial Stock Down 1.5%

The firm has a market cap of £53.91 million, a P/E ratio of 500.00 and a beta of 0.39. The firm’s 50 day moving average is GBX 49.05 and its two-hundred day moving average is GBX 48.43. The company has a current ratio of 1.14, a quick ratio of 0.63 and a debt-to-equity ratio of 23.20.

1Spatial (LON:SPA) last posted its earnings results on Monday, October 13th. The company reported GBX (0.30) earnings per share for the quarter. 1Spatial had a return on equity of 8.11% and a net margin of 4.54%. As a group, research analysts anticipate that 1Spatial Plc will post 2.5783133 EPS 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.