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

GlobalData Plc (LON:DATAGet Free Report)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 150 ($1.94) and last traded at GBX 150.50 ($1.94), with a volume of 1469388 shares changing hands. The stock had previously closed at GBX 153 ($1.98).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank boosted their price target on GlobalData from GBX 295 ($3.81) to GBX 300 ($3.87) and gave the company a “buy” rating in a report on Tuesday, January 14th.

Check Out Our Latest Analysis on GlobalData

GlobalData Stock Performance

The stock has a market cap of £1.22 billion, a price-to-earnings ratio of 36.08, 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. The company’s 50 day simple moving average is GBX 181.80 and its 200 day simple moving average is GBX 193.09.

GlobalData (LON:DATAGet Free Report) last posted its quarterly earnings data on Monday, March 10th. The company reported GBX 7.50 ($0.10) EPS for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. On average, equities research analysts anticipate that GlobalData Plc will post 9.6687774 earnings per share for the current year.

GlobalData Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, May 2nd. Investors of record on Thursday, March 20th will be paid a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a yield of 0.65%. GlobalData’s dividend payout ratio is currently 119.48%.

Insiders Place Their Bets

In other news, insider Michael Danson sold 2,000,000 shares of GlobalData stock in a transaction on Friday, February 7th. The stock was sold at an average price of GBX 195 ($2.52), for a total transaction of £3,900,000 ($5,036,157.02). Corporate insiders own 66.45% of the company’s stock.

About GlobalData

(Get Free Report)

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.

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