GlobalData (LON:DATA) Hits New 1-Year Low - Here's What Happened

GlobalData Plc (LON:DATA - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 128 ($1.68) and last traded at GBX 128 ($1.68), with a volume of 1018269 shares traded. The stock had previously closed at GBX 135 ($1.77).

Analyst Ratings Changes

Separately, Berenberg Bank increased their target price on GlobalData from GBX 295 ($3.86) to GBX 300 ($3.93) and gave the company a "buy" rating in a research note on Tuesday, January 14th.

GlobalData Stock Performance

The stock has a fifty day moving average of GBX 168.24 and a two-hundred day moving average of GBX 185.30. The company has a market capitalization of £1.11 billion, a PE ratio of 32.98, a PEG 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.

GlobalData (LON:DATA - Get Free Report) last posted its quarterly earnings results on Monday, March 10th. The company reported GBX 7.50 ($0.10) EPS for the quarter. GlobalData had a net margin of 11.96% and a return on equity of 12.99%. As a group, sell-side analysts anticipate that GlobalData Plc will post 9.6687774 earnings per share for the current fiscal year.

GlobalData Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, March 20th will be paid a GBX 1 ($0.01) dividend. This represents a yield of 0.65%. The ex-dividend date of this dividend is Thursday, March 20th. GlobalData's dividend payout ratio is presently 119.48%.

Insider Buying and Selling at GlobalData

In other news, insider Michael Danson sold 2,000,000 shares of the firm's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of GBX 195 ($2.55), for a total value of £3,900,000 ($5,104,712.04). Company insiders own 66.45% of the company's stock.

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.