GlobalData Plc (LON:DATA - Get Free Report) shares were down 8.5% on Friday . The stock traded as low as GBX 173 ($2.26) and last traded at GBX 174.74 ($2.28). Approximately 1,435,633 shares changed hands during trading, an increase of 63% from the average daily volume of 882,619 shares. The stock had previously closed at GBX 191 ($2.49).
Wall Street Analyst Weigh In
Separately, Berenberg Bank assumed coverage on shares of GlobalData in a research report on Wednesday, September 11th. They set a "buy" rating and a GBX 295 ($3.85) price target for the company.
View Our Latest Research Report on DATA
GlobalData Stock Performance
The firm has a market cap of £1.37 billion, a PE ratio of 4,350.00, a P/E/G ratio of 1.52 and a beta of 0.58. The stock has a 50-day moving average price of GBX 211.03 and a 200 day moving average price of GBX 214.09. The company has a debt-to-equity ratio of 5.15, a current ratio of 1.25 and a quick ratio of 0.61.
GlobalData Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, October 4th. Stockholders of record on Thursday, September 5th were paid a dividend of GBX 1.50 ($0.02) per share. This represents a dividend yield of 0.69%. The ex-dividend date was Thursday, September 5th. GlobalData's dividend payout ratio is currently 12,500.00%.
Insider Transactions at GlobalData
In other news, insider Graham Lilley sold 250,000 shares of the business's stock in a transaction on Thursday, August 29th. The shares were sold at an average price of GBX 225 ($2.94), for a total transaction of £562,500 ($734,525.99). Insiders own 66.45% of the company's stock.
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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