1Spatial (LON:SPA) Stock Passes Below 200 Day Moving Average - Here's What Happened

1Spatial Plc (LON:SPA - Get Free Report) 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.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a "buy" rating and issued a GBX 105 ($1.33) price objective on shares of 1Spatial in a report on Tuesday, October 15th.

1Spatial Trading Down 0.6 %

The business has a fifty day moving average price of GBX 62.84 and a 200 day moving average price of GBX 67.01. The firm has a market cap of £74.03 million, a PE ratio of 6,657.20 and a beta of 0.39. The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 25.05.

Insiders Place Their Bets

In other news, insider Claire Milverton bought 45,349 shares of 1Spatial stock in a transaction dated Monday, October 14th. The stock was acquired at an average cost of GBX 66 ($0.84) per share, with a total value of £29,930.34 ($37,982.66). 5.74% of the stock is owned by corporate insiders.

1Spatial Company Profile

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.