GlobalData (LON:DATA) Hits New 1-Year Low – Time to Sell?

GlobalData Plc (LON:DATA) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 67.40 and last traded at GBX 69.20, with a volume of 507771 shares changing hands. The stock had previously closed at GBX 69.60.

Analysts Set New Price Targets

DATA has been the subject of several research reports. Shore Capital Group restated a “buy” rating on shares of GlobalData in a research note on Thursday, January 15th. Berenberg Bank reaffirmed a “buy” rating and set 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, Based on data from MarketBeat.com, GlobalData currently has an average rating of “Buy” and a consensus price target of GBX 195.

GlobalData Stock Down 0.6%

The firm has a market capitalization of £487.28 million, a price-to-earnings ratio of 34.60, a P/E/G ratio of 1.52 and a beta of 0.37. The business has a 50 day simple moving average of GBX 96.31 and a 200-day simple moving average of GBX 110.82. The company has a debt-to-equity ratio of 62.52, a quick ratio of 0.61 and a current ratio of 0.90.

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