YouGov (LON:YOU) Trading 11.7% Higher – Here’s What Happened

YouGov plc (LON:YOU)’s share price shot up 11.7% during trading on Tuesday . The company traded as high as GBX 298.50 and last traded at GBX 295.50. 8,050,636 shares changed hands during mid-day trading, an increase of 905% from the average session volume of 801,230 shares. The stock had previously closed at GBX 264.50.

Analyst Upgrades and Downgrades

YOU has been the subject of a number of analyst reports. Berenberg Bank lowered their price target on YouGov from GBX 760 to GBX 600 and set a “buy” rating for the company in a research report on Tuesday, October 14th. JPMorgan Chase & Co. lowered their target price on shares of YouGov from GBX 385 to GBX 375 and set a “neutral” rating for the company in a report on Wednesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of YouGov from GBX 565 to GBX 438 and set a “buy” rating on the stock in a report on Tuesday, October 14th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 471.

YouGov Stock Up 11.7%

The firm has a market cap of £346.31 million, a P/E ratio of 26.15, a P/E/G ratio of 0.71 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.99 and a debt-to-equity ratio of 130.35. The business has a 50-day moving average price of GBX 283.90 and a 200-day moving average price of GBX 317.41.

YouGov (LON:YOU) last released its quarterly earnings data on Tuesday, October 14th. The company reported GBX 31.70 earnings per share for the quarter. YouGov had a negative net margin of 0.69% and a negative return on equity of 1.23%. On average, equities analysts forecast that YouGov plc will post 41.8853256 EPS for the current fiscal year.

Insider Activity

In other news, insider Ian Griffiths bought 19,216 shares of the firm’s stock in a transaction that occurred on Tuesday, October 14th. The stock was bought at an average price of GBX 260 per share, with a total value of £49,961.60. Also, insider Alex McIntosh sold 76,486 shares of YouGov stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of GBX 340, for a total transaction of £260,052.40. Over the last ninety days, insiders have acquired 144,991 shares of company stock worth $44,998,910. Corporate insiders own 13.43% of the company’s stock.

About YouGov

YouGov is an international research and data analytics group.

Our mission is to supply a continuous stream of accurate data into what the world thinks, so that organisations can better serve the communities that sustain them.

Our 22 million registered members provide us with a highly engaged proprietary panel that delivers thousands of data points on consumer opinions, attitudes and behaviour on a daily basis.