GlobalData (LON:DATA) Sets New 12-Month Low – Time to Sell?

GlobalData Plc (LON:DATA) reached a new 52-week low during trading on Monday . The company traded as low as GBX 171.65 ($2.22) and last traded at GBX 172 ($2.22), with a volume of 2208750 shares. The stock had previously closed at GBX 182.50 ($2.36).

Analyst Ratings Changes

Separately, Berenberg Bank lifted their price target on shares of GlobalData from GBX 295 ($3.81) to GBX 300 ($3.88) and gave the company a “buy” rating in a report on Tuesday, January 14th.

GlobalData Price Performance

The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.16. The stock has a 50 day simple moving average of GBX 189.98 and a 200-day simple moving average of GBX 197.69. The firm has a market cap of £1.34 billion, a PE ratio of 39.73, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58.

GlobalData (LON:DATA) last released its quarterly earnings data on Monday, March 10th. The company reported GBX 7.50 ($0.10) earnings per share for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. Equities analysts anticipate that GlobalData Plc will post 9.6687774 earnings per share for the current fiscal year.

Insider Buying and Selling at GlobalData

In other news, insider Michael Danson sold 2,000,000 shares of GlobalData stock in a transaction dated Friday, February 7th. The stock was sold at an average price of GBX 195 ($2.52), for a total value of £3,900,000 ($5,041,365.05). Insiders own 66.45% of the company’s stock.

About GlobalData

GlobalData Plc is a leading data, insights, and analytics platform for the world’s largest industries. Our mission is to help our clients decode the future, make better decisions, and reach more customers.

One Platform Model
GlobalData’s One Platform model is the foundation of our business and is the result of years of continuous investment, targeted acquisitions, and organic development.