1Spatial (LON:SPA) Trading Down 0.7% – What’s Next?

Shares of 1Spatial Plc (LON:SPA) fell 0.7% during mid-day trading on Wednesday . The company traded as low as GBX 69.03 ($0.87) and last traded at GBX 69.03 ($0.87). 25,741 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 171,473 shares. The stock had previously closed at GBX 69.50 ($0.87).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 105 ($1.32) price objective on shares of 1Spatial in a research note on Tuesday, October 15th.

1Spatial Stock Performance

The stock has a market capitalization of £77.85 million, a price-to-earnings ratio of 7,000.00 and a beta of 0.39. The company’s 50-day simple moving average is GBX 68.04 and its 200-day simple moving average is GBX 66.73. The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 25.05.

Insider Buying and Selling

In related news, insider Claire Milverton acquired 45,349 shares of the stock in a transaction dated Monday, October 14th. The stock was purchased at an average cost of GBX 66 ($0.83) per share, with a total value of £29,930.34 ($37,615.11). 5.74% of the stock is currently owned by insiders.

About 1Spatial

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.