Shares of GlobalData Plc (LON:DATA - Get Free Report) dropped 10.7% during mid-day trading on Tuesday . The stock traded as low as GBX 163 ($2.11) and last traded at GBX 163 ($2.11). Approximately 2,324,272 shares were traded during trading, an increase of 13% from the average daily volume of 2,059,233 shares. The stock had previously closed at GBX 182.50 ($2.36).
Wall Street Analyst Weigh In
Separately, Berenberg Bank lifted their price objective on GlobalData from GBX 295 ($3.82) to GBX 300 ($3.88) and gave the stock a "buy" rating in a report on Tuesday, January 14th.
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GlobalData Stock Performance
The company has a market capitalization of £1.27 billion, a price-to-earnings ratio of 37.75, a PEG ratio of 1.52 and a beta of 0.58. The stock has a fifty day moving average price of GBX 187.70 and a two-hundred day moving average price of GBX 196.18. The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16.
GlobalData (LON:DATA - Get Free Report) last released its quarterly earnings results on Monday, March 10th. The company reported GBX 7.50 ($0.10) earnings per share for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. As a group, analysts forecast that GlobalData Plc will post 9.6687774 EPS for the current fiscal year.
Insider Transactions at GlobalData
In other news, insider Michael Danson sold 2,000,000 shares of GlobalData stock in a transaction on Friday, February 7th. The stock was sold at an average price of GBX 195 ($2.52), for a total value of £3,900,000 ($5,044,625.53). Insiders own 66.45% of the company's stock.
About GlobalData
(
Get Free Report)
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.
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