GlobalData (LON:DATA) Reaches New 12-Month Low – Here’s What Happened

GlobalData Plc (LON:DATA) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 150 ($1.94) and last traded at GBX 150.50 ($1.95), with a volume of 1469388 shares trading hands. The stock had previously closed at GBX 153 ($1.98).

Analyst Ratings Changes

Separately, Berenberg Bank boosted their price objective on shares of GlobalData from GBX 295 ($3.82) to GBX 300 ($3.88) and gave the company a “buy” rating in a research report on Tuesday, January 14th.

GlobalData Stock Performance

The company has a debt-to-equity ratio of 5.16, a quick ratio of 0.61 and a current ratio of 1.25. The firm has a market capitalization of £1.22 billion, a P/E ratio of 36.08, a PEG ratio of 1.52 and a beta of 0.58. The company has a 50-day simple moving average of GBX 180.35 and a two-hundred day simple moving average of GBX 192.11.

GlobalData (LON:DATA) last posted its quarterly earnings data on Monday, March 10th. The company reported GBX 7.50 ($0.10) EPS for the quarter. GlobalData had a net margin of 11.96% and a return on equity of 12.99%. As a group, equities analysts forecast that GlobalData Plc will post 9.6687774 EPS for the current year.

GlobalData Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, March 20th will be issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date is Thursday, March 20th. This represents a dividend yield of 0.65%. GlobalData’s payout ratio is presently 119.48%.

Insider Transactions at GlobalData

In related news, insider Michael Danson sold 2,000,000 shares of the firm’s stock in a transaction that occurred 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 ($5,049,197.31). 66.45% of the stock is owned by insiders.

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.