GlobalData (LON:DATA) Stock Price Down 15.5% – Should You Sell?

GlobalData Plc (LON:DATA) traded down 15.5% on Thursday . The company traded as low as GBX 143 ($1.94) and last traded at GBX 145.83 ($1.98). 18,964,590 shares were traded during trading, an increase of 743% from the average session volume of 2,249,550 shares. The stock had previously closed at GBX 172.50 ($2.34).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of GlobalData in a research note on Friday, May 2nd.

GlobalData Price Performance

The stock has a 50 day moving average of GBX 166.46 and a two-hundred day moving average of GBX 176.72. The stock has a market cap of £1.18 billion, a PE ratio of 34.89, a PEG ratio of 1.52 and a beta of 0.58. The company has a debt-to-equity ratio of 5.16, a quick ratio of 0.61 and a current ratio of 1.25.

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.