YouGov (LON:YOU) Shares Up 11.7% – Here’s What Happened

YouGov plc (LON:YOU) was up 11.7% on Tuesday . The stock traded as high as GBX 298.50 and last traded at GBX 295.50. Approximately 8,050,636 shares changed hands during mid-day trading, an increase of 905% from the average daily volume of 801,230 shares. The stock had previously closed at GBX 264.50.

Wall Street Analyst Weigh In

YOU has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reduced their price target on shares of YouGov from GBX 565 to GBX 438 and set a “buy” rating for the company in a research report on Tuesday, October 14th. JPMorgan Chase & Co. reduced their price target on YouGov from GBX 385 to GBX 375 and set a “neutral” rating on the stock in a research report on Wednesday, October 15th. Finally, Berenberg Bank cut their price objective on YouGov from GBX 760 to GBX 600 and set a “buy” rating on the stock in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 471.

YouGov Trading Up 11.7%

The company’s 50 day moving average price is GBX 283.90 and its two-hundred day moving average price is GBX 317.41. The firm has a market cap of £346.31 million, a PE ratio of 26.15, a P/E/G ratio of 0.71 and a beta of 1.06. The company has a quick ratio of 0.99, a current ratio of 0.77 and a debt-to-equity ratio of 130.35.

YouGov (LON:YOU) last posted its earnings results on Tuesday, October 14th. The company reported GBX 31.70 earnings per share for the quarter. YouGov had a negative return on equity of 1.23% and a negative net margin of 0.69%. As a group, sell-side analysts forecast that YouGov plc will post 41.8853256 EPS for the current year.

Insider Activity

In related news, insider Ian Griffiths bought 19,216 shares of the firm’s stock in a transaction on Tuesday, October 14th. The shares were bought at an average price of GBX 260 per share, with a total value of £49,961.60. Also, insider Alex McIntosh sold 76,486 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of GBX 340, for a total value of £260,052.40. Insiders bought a total of 144,991 shares of company stock valued at $44,998,910 in the last three months. 13.43% of the stock is currently owned by corporate insiders.

About YouGov

YouGov is an international research and data analytics group.

Our mission is to supply a continuous stream of accurate data into what the world thinks, so that organisations can better serve the communities that sustain them.

Our 22 million registered members provide us with a highly engaged proprietary panel that delivers thousands of data points on consumer opinions, attitudes and behaviour on a daily basis.