GlobalData (LON:DATA) Sets New 1-Year Low – Here’s Why

GlobalData Plc (LON:DATA) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 73.80 and last traded at GBX 74.20, with a volume of 1773410 shares traded. The stock had previously closed at GBX 75.20.

Analysts Set New Price Targets

A number of brokerages have recently commented on DATA. Shore Capital Group reissued a “buy” rating on shares of GlobalData in a research report on Thursday, January 15th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 170 target price on shares of GlobalData in a report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 195.

GlobalData Price Performance

The company has a current ratio of 0.90, a quick ratio of 0.61 and a debt-to-equity ratio of 62.52. The company has a 50 day moving average price of GBX 99.70 and a 200 day moving average price of GBX 112.55. The company has a market capitalization of £523.90 million, a P/E ratio of 37.20, a P/E/G ratio of 1.52 and a beta of 0.37.

GlobalData (LON:DATA) last posted its earnings results on Monday, March 2nd. The company reported GBX 7.30 earnings per share for the quarter. GlobalData had a return on equity of 9.94% and a net margin of 10.28%. On average, equities analysts predict that GlobalData Plc will post 9.6687774 EPS for the current fiscal year.

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.