Shares of GlobalData Plc (LON:DATA - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 196.39 ($2.46) and traded as low as GBX 184 ($2.31). GlobalData shares last traded at GBX 185.50 ($2.33), with a volume of 53,083 shares.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank initiated coverage on shares of GlobalData in a report on Wednesday, September 11th. They issued a "buy" rating and a GBX 295 ($3.70) price target on the stock.
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GlobalData Price Performance
The business has a fifty day moving average price of GBX 196.16 and a 200 day moving average price of GBX 208.43. The company has a market cap of £1.46 billion, a price-to-earnings ratio of 4,637.50, a PEG ratio of 1.52 and a beta of 0.58. The company has a debt-to-equity ratio of 5.15, a quick ratio of 0.61 and a current ratio of 1.25.
GlobalData Company Profile
(
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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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