GlobalData (LON:DATA) Reaches New 52-Week Low - Here's Why

Key Points

• GlobalData Plc's shares dipped to a new 52-week low of GBX 107 ($1.44), closing at GBX 114.50 ($1.54) after a significant volume of 6,520,225 shares traded.
• Despite the recent drop in stock price, analysts maintain a generally positive outlook with three firms issuing "buy" ratings and an average target price of GBX 227.50.
• Insider transactions have raised concerns, with 20.56 million shares sold by insiders valued at over $3 billion in the last ninety days, indicating potential internal sentiment towards the stock.

GlobalData Plc (LON:DATA - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 107 ($1.44) and last traded at GBX 114.50 ($1.54), with a volume of 6520225 shares changing hands. The stock had previously closed at GBX 120 ($1.61).

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Berenberg Bank reissued a "buy" rating and issued a GBX 260 price target on shares of GlobalData in a research note on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft dropped their price target on GlobalData from GBX 215 to GBX 195 and set a "buy" rating on the stock in a research note on Tuesday, July 15th. Finally, Shore Capital reissued a "buy" rating on shares of GlobalData in a research note on Tuesday, July 15th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of GBX 227.50.

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 business has a 50-day moving average price of GBX 133.03 and a two-hundred day moving average price of GBX 147.70. The company has a market capitalization of £817.57 million, a price-to-earnings ratio of 57.30, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58.

GlobalData (LON:DATA - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported GBX 3 earnings per share for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. As a group, research analysts anticipate that GlobalData Plc will post 9.6687774 EPS for the current year.

Insider Transactions at GlobalData

In related news, insider Michael Danson sold 20,000,000 shares of the company's stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of GBX 150, for a total transaction of £30,000,000. Also, insider Graham Lilley sold 536,428 shares of the company's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of GBX 143, for a total value of £767,092.04. Insiders have sold 20,563,734 shares of company stock valued at $3,080,805,104 over the last ninety days. 61.00% of the stock is owned by company insiders.

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.

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