GlobalData (LON:DATA) Trading Down 11.7% – Should You Sell?

GlobalData Plc (LON:DATA)’s stock price fell 11.7% on Wednesday . The company traded as low as GBX 143 ($1.95) and last traded at GBX 152.30 ($2.07). 28,213,877 shares were traded during trading, an increase of 1,110% from the average session volume of 2,332,617 shares. The stock had previously closed at GBX 172.50 ($2.35).

Wall Street Analysts Forecast Growth

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

GlobalData Price Performance

The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16. The stock’s 50-day simple moving average is GBX 166.46 and its two-hundred day simple moving average is GBX 176.72. The company has a market capitalization of £1.22 billion, a price-to-earnings ratio of 36.05, a PEG ratio of 1.52 and a beta of 0.58.

GlobalData (LON:DATA) last issued its earnings results on Monday, March 10th. The company reported GBX 7.50 ($0.10) EPS for the quarter. GlobalData had a net margin of 11.96% and a return on equity of 12.99%. Equities research analysts predict that GlobalData Plc will post 9.6687774 earnings per share for the current 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.