GlobalData (LON:DATA) Reaches New 1-Year Low – Time to Sell?

GlobalData Plc (LON:DATA)’s share price hit a new 52-week low during trading on Friday . The company traded as low as GBX 100.50 and last traded at GBX 103, with a volume of 4573433 shares traded. The stock had previously closed at GBX 103.

Analyst Upgrades and Downgrades

DATA has been the topic of a number of recent analyst reports. Peel Hunt reiterated a “buy” rating and set a GBX 245 target price on shares of GlobalData in a research note on Monday, October 20th. Deutsche Bank Aktiengesellschaft lowered their price objective on GlobalData from GBX 195 to GBX 170 and set a “buy” rating on the stock in a research note on Monday, October 20th. Shore Capital reissued a “buy” rating on shares of GlobalData in a research report on Thursday, October 30th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 260 price objective on shares of GlobalData in a report on Tuesday, August 5th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 225.

GlobalData Stock Performance

The firm has a market cap of £734.88 million, a PE ratio of 51.50, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. The company has a 50 day simple moving average of GBX 124.20 and a 200-day simple moving average of GBX 143.81. The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61.

Insider Activity at GlobalData

In other GlobalData news, insider Graham Lilley bought 23,961 shares of GlobalData stock in a transaction on Wednesday, October 1st. The stock was acquired at an average price of GBX 125 per share, with a total value of £29,951.25. Also, insider Michael Danson sold 20,000,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of GBX 150, for a total transaction of £30,000,000. Insiders have sold a total of 20,027,306 shares of company stock worth $3,004,095,900 over the last quarter. Corporate insiders own 64.44% of the company’s stock.

About GlobalData

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.