GlobalData (LON:DATA) Trading Down 11.7% – Should You Sell?

Shares of GlobalData Plc (LON:DATA) fell 11.7% on Wednesday . The company traded as low as GBX 143 ($1.93) and last traded at GBX 152.30 ($2.06). 28,213,877 shares were traded during mid-day trading, an increase of 1,110% from the average session volume of 2,332,617 shares. The stock had previously closed at GBX 172.50 ($2.33).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of GlobalData in a research note on Friday, May 2nd.

GlobalData Price Performance

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 moving average price of GBX 165.86 and a 200 day moving average price of GBX 177.08. The company has a market capitalization of £1.23 billion, a P/E ratio of 36.51, a P/E/G ratio of 1.52 and a beta of 0.58.

GlobalData (LON:DATA) last issued its earnings results on Monday, March 10th. The company reported GBX 7.50 ($0.10) EPS for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. On average, equities analysts predict that GlobalData Plc will post 9.6687774 EPS for the current fiscal year.

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.