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

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

1Spatial Stock Performance

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

1Spatial (LON:SPA) last released its quarterly earnings data 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%. As a group, sell-side analysts expect that 1Spatial will post 2.5783133 EPS 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.