GlobalData (LON:DATA) Reaches New 52-Week Low – Here’s What Happened

GlobalData Plc (LON:DATA) hit a new 52-week low on Wednesday . The stock traded as low as GBX 73.80 and last traded at GBX 74.20, with a volume of 1773410 shares. The stock had previously closed at GBX 75.20.

Analysts Set New Price Targets

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

GlobalData Price Performance

The company has a market cap of £492.91 million, a price-to-earnings ratio of 35.00, a PEG ratio of 1.52 and a beta of 0.37. The company has a 50-day simple moving average of GBX 98.17 and a 200-day simple moving average of GBX 111.99. 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 quarterly earnings results on Monday, March 2nd. The company reported GBX 7.30 EPS for the quarter. GlobalData had a return on equity of 9.94% and a net margin of 10.28%. As a group, research analysts predict that GlobalData Plc will post 9.6687774 earnings per share for the current year.

About GlobalData

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.