GlobalData (LON:DATA) Trading 10.5% Higher – What’s Next?

GlobalData Plc (LON:DATA)’s share price traded up 10.5% during trading on Thursday . The company traded as high as GBX 207 ($2.57) and last traded at GBX 205 ($2.54). 4,270,822 shares were traded during mid-day trading, an increase of 266% from the average session volume of 1,167,526 shares. The stock had previously closed at GBX 185.50 ($2.30).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank increased their target price on GlobalData from GBX 295 ($3.66) to GBX 300 ($3.72) and gave the company a “buy” rating in a research report on Tuesday, January 14th.

GlobalData Stock Down 1.3 %

The company has a debt-to-equity ratio of 5.15, a current ratio of 1.25 and a quick ratio of 0.61. The business’s 50 day moving average price is GBX 189.53 and its 200 day moving average price is GBX 201.39. The firm has a market cap of £1.54 billion, a PE ratio of 4,875.00, a PEG ratio of 1.52 and a beta of 0.58.

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.