Canaccord Genuity Group Downgrades 1Spatial (LON:SPA) to Hold

1Spatial (LON:SPA) was downgraded by equities researchers at Canaccord Genuity Group to a “hold” rating in a research report issued to clients and investors on Monday, Marketbeat reports. They presently have a GBX 73 price objective on the stock, down from their prior price objective of GBX 95. Canaccord Genuity Group’s price target would suggest a potential upside of 6.21% from the stock’s current price.

1Spatial Stock Up 1.8%

Shares of SPA opened at GBX 68.73 on Monday. The stock has a market capitalization of £76.86 million, a PE ratio of 500.00 and a beta of 0.39. 1Spatial has a 1 year low of GBX 42.94 and a 1 year high of GBX 72. The company has a debt-to-equity ratio of 23.20, a quick ratio of 0.63 and a current ratio of 1.14. The company’s 50-day simple moving average is GBX 49.89 and its 200-day simple moving average is GBX 48.37.

1Spatial (LON:SPA) last issued its quarterly earnings results on Monday, October 13th. The company reported GBX (0.30) EPS for the quarter. 1Spatial had a net margin of 4.54% and a return on equity of 8.11%. Analysts forecast that 1Spatial will post 2.5783133 earnings per share for the current fiscal year.

1Spatial Company Profile

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.