GlobalData (LON:DATA) Reaches New 52-Week Low – What’s Next?

GlobalData Plc (LON:DATA) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 74.40 and last traded at GBX 75, with a volume of 1174360 shares. The stock had previously closed at GBX 77.40.

Analysts Set New Price Targets

A number of analysts have recently weighed in on DATA shares. Shore Capital Group reaffirmed a “buy” rating on shares of GlobalData in a research report on Thursday, January 15th. Berenberg Bank reissued a “buy” rating and set a GBX 170 price objective on shares of GlobalData in a research note on Wednesday, January 14th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, GlobalData has a consensus rating of “Buy” and an average target price of GBX 195.

GlobalData Stock Up 2.9%

The company has a current ratio of 0.80, a quick ratio of 0.61 and a debt-to-equity ratio of 28.62. The company’s 50 day simple moving average is GBX 101.65 and its 200-day simple moving average is GBX 113.94. The firm has a market cap of £573.36 million, a P/E ratio of 40.53, a PEG ratio of 1.52 and a beta of 0.58.

GlobalData (LON:DATA) last posted its earnings results on Monday, March 2nd. The company reported GBX 7.30 EPS for the quarter. GlobalData had a net margin of 5.06% and a return on equity of 3.99%. Research analysts forecast that GlobalData Plc will post 9.6687774 earnings per share for the current fiscal year.

GlobalData Company Profile

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. This model governs everything we do, from how we develop and manage our products, to our approach to sales and customer success, and supporting business operations.