1Spatial (LON:SPA) Shares Down 0.7% – Should You Sell?

1Spatial Plc (LON:SPA)’s share price 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 changed 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 restated a “buy” rating and set a GBX 105 ($1.32) price target on shares of 1Spatial in a research report on Tuesday, October 15th.

1Spatial Trading Up 1.4 %

The company has a debt-to-equity ratio of 25.05, a quick ratio of 0.63 and a current ratio of 1.11. The firm has a 50-day moving average of GBX 68.04 and a 200-day moving average of GBX 66.73. The firm has a market capitalization of £77.85 million, a P/E ratio of 7,000.00 and a beta of 0.39.

Insider Transactions at 1Spatial

In other 1Spatial news, insider Claire Milverton purchased 45,349 shares of 1Spatial stock in a transaction that occurred on Monday, October 14th. The shares were bought at an average price of GBX 66 ($0.83) per share, for a total transaction of £29,930.34 ($37,615.11). Company insiders own 5.74% of the company’s stock.

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.