1Spatial (LON:SPA) Earns “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of 1Spatial (LON:SPA) in a research note issued to investors on Tuesday, MarketBeat.com reports. Canaccord Genuity Group currently has a GBX 105 ($1.37) price objective on the stock.

1Spatial Price Performance

Shares of SPA opened at GBX 67 ($0.87) on Tuesday. 1Spatial has a 12 month low of GBX 45.33 ($0.59) and a 12 month high of GBX 77 ($1.01). The company has a current ratio of 1.11, a quick ratio of 0.63 and a debt-to-equity ratio of 25.05. The company has a market capitalization of £74.51 million, a PE ratio of 6,700.00 and a beta of 0.39. The stock’s 50-day moving average price is GBX 62.09 and its two-hundred day moving average price is GBX 65.65.

Insider Transactions at 1Spatial

In other 1Spatial news, insider Claire Milverton acquired 45,349 shares of the stock in a transaction dated Monday, October 14th. The stock was purchased at an average cost of GBX 66 ($0.86) per share, with a total value of £29,930.34 ($39,083.76). Corporate insiders own 5.74% of the company’s stock.

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.