Canaccord Genuity Group Reiterates “Buy” Rating for 1Spatial (LON:SPA)

1Spatial (LON:SPA)‘s stock had its “buy” rating reiterated by Canaccord Genuity Group in a research note issued on Tuesday, MarketBeat Ratings reports. They presently have a GBX 105 ($1.37) price objective on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 56.72% from the stock’s previous close.

1Spatial Stock Performance

Shares of LON SPA opened at GBX 67 ($0.87) on Tuesday. The stock has a market cap of £74.51 million, a price-to-earnings ratio of 6,609.90 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. The stock’s 50-day moving average is GBX 62.13 and its 200 day moving average is GBX 65.60. 1Spatial has a 1-year low of GBX 45.33 ($0.59) and a 1-year high of GBX 77 ($1.01).

Insider Activity at 1Spatial

In related news, insider Claire Milverton purchased 45,349 shares of 1Spatial stock in a transaction dated Monday, October 14th. The stock was purchased at an average cost of GBX 66 ($0.86) per share, for a total transaction of £29,930.34 ($39,083.76). 5.74% of the stock is currently 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.