GlobalData (LON:DATA) Releases Earnings Results

GlobalData (LON:DATA) issued its quarterly earnings data on Monday. The company reported GBX 7.50 ($0.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. GlobalData had a return on equity of 12.99% and a net margin of 11.96%.

GlobalData Trading Up 2.5 %

Shares of GlobalData stock traded up GBX 4 ($0.05) during mid-day trading on Wednesday, hitting GBX 164 ($2.12). 3,570,465 shares of the stock were exchanged, compared to its average volume of 2,088,829. The stock has a market capitalization of £1.32 billion, a price-to-earnings ratio of 39.19, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. GlobalData has a twelve month low of GBX 155.98 ($2.02) and a twelve month high of GBX 244 ($3.16). 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 company has a 50-day simple moving average of GBX 188.90 and a 200 day simple moving average of GBX 196.83.

Analyst Ratings Changes

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

Insider Activity

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 ($5,049,197.31). 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.