1Spatial (LON:SPA) Stock Price Up 42.2% – Here’s Why

1Spatial Plc (LON:SPA)’s stock price was up 42.2% on Friday . The company traded as high as GBX 68.75 and last traded at GBX 66.13. Approximately 169,850 shares were traded during trading, a decline of 24% from the average daily volume of 224,675 shares. The stock had previously closed at GBX 46.50.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 95 price objective 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, the stock currently has a consensus rating of “Buy” and an average target price of GBX 95.

1Spatial Stock Performance

The stock has a 50 day simple moving average of GBX 49.07 and a 200 day simple moving average of GBX 48. 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 company has a market cap of £75.32 million, a price-to-earnings ratio of 500.00 and a beta of 0.39.

1Spatial (LON:SPA) last issued its earnings results on Monday, October 13th. The company reported GBX (0.30) EPS for the quarter. 1Spatial had a return on equity of 8.11% and a net margin of 4.54%. As a group, analysts predict 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.