GlobalData (LON:DATA) Reaches New 12-Month Low – Should You Sell?

GlobalData Plc (LON:DATA)’s share price 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 boosted their price target on 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 Stock Down 8.9 %

The company’s 50 day simple moving average is GBX 189.98 and its 200-day simple moving average is GBX 197.69. The firm has a market cap of £1.34 billion, a P/E ratio of 39.73, a PEG 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.

GlobalData (LON:DATA) last issued 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 net margin of 11.96% and a return on equity of 12.99%. Research analysts forecast that GlobalData Plc will post 9.6687774 earnings per share for the current fiscal year.

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 value of £3,900,000 ($5,041,365.05). Company 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.