GlobalData (LON:DATA) Reaches New 1-Year High - Here's What Happened

GlobalData Plc (LON:DATA - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as £201.50 ($262.30) and last traded at GBX 201.50 ($2.62), with a volume of 1909799 shares trading hands. The stock had previously closed at GBX 202 ($2.63).

Analysts Set New Price Targets

Separately, Berenberg Bank initiated coverage on GlobalData in a report on Wednesday, September 11th. They set a "buy" rating and a GBX 295 ($3.84) price target for the company.

GlobalData Trading Down 0.2 %

The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.15. The firm has a 50-day moving average of GBX 202.43 and a 200 day moving average of GBX 214.40. The company has a market cap of £1.59 billion, a P/E ratio of 5,050.00, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58.

Insider Activity at GlobalData

In related news, insider Graham Lilley sold 250,000 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of GBX 225 ($2.93), for a total value of £562,500 ($732,231.19). 66.45% of the stock is owned by company insiders.

GlobalData Company Profile

GlobalData Plc, together with its subsidiaries, provides business information in the form of proprietary data, analytics, and insights in Europe, North America, and the Asia Pacific. The company also offers performance advertising services. It serves aerospace, defense, and security; agribusiness; apparel; automotive; banking and payments; construction; consumer; food services; healthcare; insurance; medical devices; mining; oil and gas; packaging; pharmaceutical; power; retail; technology; travel and tourism; and sport industries, as well as public sectors.

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