GlobalData (LON:DATA) Hits New 12-Month Low – Here’s What Happened

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DATA. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of GlobalData from GBX 195 to GBX 170 and set a “buy” rating for the company in a report on Monday, October 20th. Shore Capital Group reaffirmed a “buy” rating on shares of GlobalData in a research note on Thursday, January 15th. Peel Hunt reiterated a “buy” rating and set a GBX 245 price target on shares of GlobalData in a report on Monday, October 20th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 170 price objective on shares of GlobalData in a research note on Wednesday, January 14th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, GlobalData currently has a consensus rating of “Buy” and a consensus target price of GBX 195.

GlobalData Trading Down 3.3%

The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16. The stock has a market capitalization of £654.95 million, a P/E ratio of 46.30, a P/E/G ratio of 1.52 and a beta of 0.58. The firm’s 50 day simple moving average is GBX 110.30 and its two-hundred day simple moving average is GBX 120.23.

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.