GlobalData (LON:DATA) Hits New 12-Month Low – Here’s Why

GlobalData Plc (LON:DATA)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 155.71 ($2.01) and last traded at GBX 155.71 ($2.01), with a volume of 612511 shares traded. The stock had previously closed at GBX 158 ($2.04).

Analysts Set New Price Targets

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

GlobalData Trading Down 1.4 %

The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16. The business’s 50 day moving average is GBX 186.80 and its 200-day moving average is GBX 195.56. The firm has a market cap of £1.25 billion, a P/E ratio of 37.21, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58.

GlobalData (LON:DATA) last released its earnings results on Monday, March 10th. The company reported GBX 7.50 ($0.10) earnings per share for the quarter. GlobalData had a net margin of 11.96% and a return on equity of 12.99%. As a group, analysts forecast 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 the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of GBX 195 ($2.52), for a total transaction of £3,900,000 ($5,041,365.05). 66.45% of the stock is owned by insiders.

GlobalData Company Profile

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.