GlobalData (LON:DATA) Shares Down 10.7% – What’s Next?

GlobalData Plc (LON:DATAGet Free Report)’s stock price fell 10.7% during mid-day trading on Tuesday . The company traded as low as GBX 163 ($2.11) and last traded at GBX 163 ($2.11). 2,324,272 shares changed hands during mid-day trading, an increase of 13% from the average session volume of 2,059,233 shares. The stock had previously closed at GBX 182.50 ($2.37).

Analysts Set New Price Targets

Separately, Berenberg Bank lifted their target price on GlobalData from GBX 295 ($3.83) to GBX 300 ($3.89) and gave the company a “buy” rating in a report on Tuesday, January 14th.

Read Our Latest Stock Report on GlobalData

GlobalData Price Performance

The company has a market capitalization of £1.31 billion, a PE ratio of 38.95, a P/E/G ratio of 1.52 and a beta of 0.58. 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 fifty day simple moving average of GBX 188.38 and a 200-day simple moving average of GBX 196.42.

GlobalData (LON:DATAGet Free Report) last announced its quarterly earnings results on Monday, March 10th. The company reported GBX 7.50 ($0.10) earnings per share (EPS) 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 year.

Insider Activity

In other news, insider Michael Danson sold 2,000,000 shares of the business’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of GBX 195 ($2.53), for a total value of £3,900,000 ($5,057,709.77). Company insiders own 66.45% of the company’s stock.

GlobalData Company Profile

(Get Free Report)

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.

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