1Spatial (LON:SPA) Trading Down 0.7% – Here’s Why

1Spatial Plc (LON:SPA) dropped 0.7% on Wednesday . The stock traded as low as GBX 69.03 ($0.87) and last traded at GBX 69.03 ($0.87). Approximately 25,741 shares were traded during trading, a decline of 85% from the average daily volume of 171,473 shares. The stock had previously closed at GBX 69.50 ($0.87).

Analyst Ratings Changes

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

1Spatial Trading Down 0.7 %

The business has a 50 day simple moving average of GBX 67.87 and a 200 day simple moving average of GBX 66.71. The company has a debt-to-equity ratio of 25.05, a current ratio of 1.11 and a quick ratio of 0.63. The company has a market cap of £76.77 million, a price-to-earnings ratio of 6,903.10 and a beta of 0.39.

Insider Activity at 1Spatial

In related news, insider Claire Milverton purchased 45,349 shares of the stock in a transaction that occurred on Monday, October 14th. The stock was acquired at an average price of GBX 66 ($0.83) per share, with a total value of £29,930.34 ($37,629.29). 5.74% of the stock is currently owned by company insiders.

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.