GlobalData (LON:DATA) Hits New 52-Week Low – Should You Sell?

GlobalData Plc (LON:DATA) shares hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 92.40 and last traded at GBX 93.18, with a volume of 3555668 shares changing hands. The stock had previously closed at GBX 95.80.

Analyst Ratings Changes

DATA has been the topic of several research analyst reports. Peel Hunt reissued a “buy” rating and issued a GBX 245 price objective on shares of GlobalData in a research report on Monday, October 20th. Berenberg Bank reiterated a “buy” rating and set a GBX 170 target price on shares of GlobalData in a research note on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft cut their price target on shares of GlobalData from GBX 195 to GBX 170 and set a “buy” rating on the stock in a report on Monday, October 20th. Finally, Shore Capital Group restated a “buy” rating on shares of GlobalData in a report on Thursday, January 15th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 195.

GlobalData Stock Up 0.0%

The firm has a market capitalization of £619.87 million, a PE ratio of 43.82, a P/E/G ratio of 1.52 and a beta of 0.58. The stock has a 50-day simple moving average of GBX 109.59 and a 200-day simple moving average of GBX 119.80. The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16.

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. This model governs everything we do, from how we develop and manage our products, to our approach to sales and customer success, and supporting business operations.