1Spatial (LON:SPA) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

1Spatial Plc (LON:SPA)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 51.20 ($0.69) and traded as low as GBX 46.36 ($0.63). 1Spatial shares last traded at GBX 46.83 ($0.63), with a volume of 114,217 shares traded.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group dropped their target price on shares of 1Spatial from GBX 105 to GBX 95 and set a “buy” rating for the company in a research report on Monday, June 2nd. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 100.

1Spatial Stock Performance

The business’s fifty day moving average is GBX 47.16 and its two-hundred day moving average is GBX 51.20. The company has a quick ratio of 0.63, a current ratio of 1.14 and a debt-to-equity ratio of 23.20. The stock has a market capitalization of £52.17 million, a PE ratio of 46,830.00 and a beta of 0.39.

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.