GlobalData (LON:DATA) Reaches New 12-Month Low – Should You Sell?

Shares of GlobalData Plc (LON:DATA) hit a new 52-week low on Tuesday . The company traded as low as GBX 120 ($1.60) and last traded at GBX 120.50 ($1.61), with a volume of 1263250 shares changing hands. The stock had previously closed at GBX 124.50 ($1.66).

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Shore Capital reissued a “buy” rating on shares of GlobalData in a report on Tuesday, July 15th. Berenberg Bank reissued a “buy” rating and set a GBX 260 price objective on shares of GlobalData in a report on Tuesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on GlobalData from GBX 215 to GBX 195 and set a “buy” rating on the stock in a report on Tuesday, July 15th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 227.50.

GlobalData Price Performance

The firm has a market capitalization of £859.74 million, a P/E ratio of 6,025.00, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. The business has a 50-day moving average of GBX 134.55 and a 200 day moving average of GBX 148.42. The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.16.

GlobalData (LON:DATA) last issued its quarterly earnings data on Tuesday, August 5th. The company reported GBX 3 EPS for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. On average, sell-side analysts predict that GlobalData Plc will post 9.6687774 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Michael Danson sold 20,000,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of GBX 150, for a total value of £30,000,000. Also, insider Peter Harkness sold 9,506 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of GBX 150, for a total value of £14,259. In the last ninety days, insiders sold 20,563,734 shares of company stock valued at $3,080,805,104. Corporate insiders own 61.00% 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.