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

GlobalData Plc (LON:DATA)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 81.60 and last traded at GBX 82, with a volume of 1023704 shares traded. The stock had previously closed at GBX 84.80.

Analysts Set New Price Targets

DATA has been the subject of a number of research reports. Shore Capital Group reissued a “buy” rating on shares of GlobalData in a research note on Thursday, January 15th. Berenberg Bank reiterated a “buy” rating and set a GBX 170 target price on shares of GlobalData in a report on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 195.

GlobalData Stock Down 3.3%

The firm has a market cap of £579.98 million, a P/E ratio of 41.00, a P/E/G ratio of 1.52 and a beta of 0.58. 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 business has a 50-day moving average price of GBX 106.73 and a 200-day moving average price of GBX 117.04.

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.