1Spatial (LON:SPA) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

1Spatial Plc (LON:SPA) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 67.01 ($0.85) and traded as low as GBX 66 ($0.84). 1Spatial shares last traded at GBX 67 ($0.85), with a volume of 30,293 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 105 ($1.33) price objective on shares of 1Spatial in a research report on Tuesday, October 15th.

1Spatial Stock Down 0.7 %

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 stock has a market cap of £74.51 million, a PE ratio of 6,700.00 and a beta of 0.39. The company’s 50-day moving average price is GBX 62.84 and its 200 day moving average price is GBX 67.01.

Insider Buying and Selling at 1Spatial

In related news, insider Claire Milverton bought 45,349 shares of the stock in a transaction that occurred on Monday, October 14th. The shares were bought at an average cost of GBX 66 ($0.84) per share, for a total transaction of £29,930.34 ($37,982.66). 5.74% of the stock is owned by corporate 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.