GlobalData (LON:DATA) Sets New 52-Week Low – Time to Sell?

GlobalData Plc (LON:DATA)’s stock price hit a new 52-week low on Friday . The stock traded as low as GBX 100.50 and last traded at GBX 103, with a volume of 4573433 shares changing hands. The stock had previously closed at GBX 103.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Peel Hunt restated a “buy” rating and issued a GBX 245 target price on shares of GlobalData in a research report on Monday, October 20th. Deutsche Bank Aktiengesellschaft decreased their price objective on GlobalData from GBX 195 to GBX 170 and set a “buy” rating for the company in a report on Monday, October 20th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 260 price target on shares of GlobalData in a report on Tuesday, August 5th. Finally, Shore Capital reissued a “buy” rating on shares of GlobalData in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 225.

GlobalData Stock Performance

The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61. The business’s 50 day simple moving average is GBX 124.20 and its 200-day simple moving average is GBX 143.81. The stock has a market capitalization of £734.88 million, a P/E ratio of 51.50, a PEG ratio of 1.52 and a beta of 0.58.

Insider Buying and Selling

In other news, insider Graham Lilley acquired 23,961 shares of the stock in a transaction dated Wednesday, October 1st. The shares were bought at an average cost of GBX 125 per share, for a total transaction of £29,951.25. Also, insider Peter Harkness sold 9,506 shares of GlobalData stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of GBX 150, for a total value of £14,259. Over the last quarter, insiders have sold 20,027,306 shares of company stock worth $3,004,095,900. Corporate insiders own 64.44% of the company’s stock.

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.