GlobalData Plc (LON:DATA - Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 202.89 ($2.64) and traded as low as GBX 195 ($2.54). GlobalData shares last traded at GBX 200 ($2.60), with a volume of 1,862,913 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank began coverage on shares of GlobalData in a research report on Wednesday, September 11th. They issued a "buy" rating and a GBX 295 ($3.84) price objective for the company.
Check Out Our Latest Analysis on GlobalData
GlobalData Stock Performance
The business's 50-day moving average is GBX 202.89 and its 200 day moving average is GBX 214.49. The company has a debt-to-equity ratio of 5.15, a quick ratio of 0.61 and a current ratio of 1.25. The company has a market cap of £1.59 billion, a PE ratio of 4,931.25, a PEG ratio of 1.52 and a beta of 0.58.
Insider Activity at GlobalData
In other news, insider Graham Lilley sold 250,000 shares of the company's stock in a transaction that occurred on Thursday, August 29th. The shares were 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 currently owned by corporate insiders.
About GlobalData
(
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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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