GlobalData (LON:DATA) Hits New 12-Month Low – Here’s What Happened

GlobalData Plc (LON:DATA) reached a new 52-week low on Tuesday . The stock traded as low as GBX 95.80 and last traded at GBX 96.14, with a volume of 4338834 shares changing hands. The stock had previously closed at GBX 105.50.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DATA. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of 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, January 15th. Berenberg Bank restated a “buy” rating and issued a GBX 170 price target on shares of GlobalData in a research report on Wednesday, January 14th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 245 price objective on shares of GlobalData in a research report on Monday, October 20th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 195.

GlobalData Stock Performance

The company has a market capitalization of £680.37 million, a price-to-earnings ratio of 47.80, a P/E/G ratio of 1.52 and a beta of 0.58. The company has a 50 day moving average price of GBX 112.97 and a 200 day moving average price of GBX 122.15. The company has a debt-to-equity ratio of 5.16, a quick ratio of 0.61 and a current ratio of 1.25.

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.