What’s Ahead for 1Spatial PLC After Reaching 52-Week Low?

 What's Ahead for 1Spatial PLC After Reaching 52 Week Low?

The stock of 1Spatial PLC (LON:SPA) hit a new 52-week low and has GBX 2.05 target or 14.00% below today’s GBX 2.38 share price. The 5 months bearish chart indicates high risk for the GBX 17.00M company. The 1-year low was reported on Nov, 7 by Barchart.com. If the GBX 2.05 price target is reached, the company will be worth GBX 2.38 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock closed at GBX 2.38 during the last session. It is down 54.76% since April 6, 2016 and is downtrending. It has underperformed by 56.72% the S&P500.

Another recent and important 1Spatial PLC (LON:SPA) news was published by Uk.Finance.Yahoo.com which published an article titled: “-LSE Ticker: 09LQS3/ISIN: GB00B09LQS34” on March 29, 2014.

1Spatial plc is a holding company. The Company’s principal activity is the development and sale of information technology software along with related consultancy and support. The company has a market cap of 17.00 million GBP. It operates through three divisions: Geospatial, Cloud Services and Central costs. It currently has negative earnings. The Geospatial segment includes the core 1Spatial Group, including France and Belgium, and Laser Scan Inc.

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