tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

1Spatial Increases Share Capital Following Employee Option Exercise

Story Highlights
1Spatial Increases Share Capital Following Employee Option Exercise

Claim 50% Off TipRanks Premium and Invest with Confidence

1Spatial ( (GB:SPA) ) has provided an update.

1Spatial plc has announced the issuance of 100,000 ordinary shares following the exercise of employee share options, increasing the total issued share capital to 111,836,152 shares. With 15,399 shares remaining in treasury, the total number of shares carrying voting rights is now 111,820,753, a figure shareholders will use for interest notifications under regulatory rules. This move reflects the company’s ongoing commitment to employee engagement and may impact shareholder calculations regarding their stakes in the company.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £53.00 price target. To see the full list of analyst forecasts on 1Spatial stock, see the GB:SPA Stock Forecast page.

Spark’s Take on GB:SPA Stock

According to Spark, TipRanks’ AI Analyst, GB:SPA is a Neutral.

1Spatial’s stock score is primarily driven by its strong financial performance, particularly in revenue growth and profitability. However, the high P/E ratio suggests overvaluation, which significantly impacts the overall score. Technical indicators show moderate positive momentum, but long-term resistance remains a concern.

To see Spark’s full report on GB:SPA stock, click here.

More about 1Spatial

1Spatial is a global leader in Location Master Data Management (LMDM) software and solutions, serving clients such as national mapping and land management agencies, utility companies, transportation organizations, and various government departments. The company’s no-code, cloud-enabled solutions facilitate automated data governance, offering increased efficiencies and cost-savings. Their patented rules engine supports a suite of business applications and SaaS products, including 1Streetworks, which enhances traffic management in the UK. 1Spatial operates in the UK, Ireland, USA, France, Belgium, Tunisia, and Australia.

Average Trading Volume: 149,011

Technical Sentiment Signal: Sell

Current Market Cap: £51.39M

For an in-depth examination of SPA stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1