GlobalData (LON:DATA) Sets New 12-Month Low - Here's What Happened

Key Points

• GlobalData Plc's stock hit a new 52-week low at GBX 128 ($1.73) during trading, indicating significant volatility.
• The company has seen mixed analyst ratings, with Deutsche Bank reducing its price target from GBX 215 to GBX 195, while Berenberg Bank maintained a bullish outlook with a target of GBX 260.
• Insider Graham Lilley sold over 536,000 shares of GlobalData at an average price of GBX 143 ($1.93), highlighting notable insider activity within the company.

GlobalData Plc (LON:DATA - Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 128 ($1.73) and last traded at GBX 130.36 ($1.77), with a volume of 170844 shares traded. The stock had previously closed at GBX 130 ($1.76).

Analyst Ratings Changes

DATA has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on shares of GlobalData from GBX 215 ($2.91) to GBX 195 ($2.64) and set a "buy" rating for the company in a research report on Tuesday, July 15th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 260 ($3.52) price target on shares of GlobalData in a report on Tuesday, August 5th. Finally, Shore Capital reiterated a "buy" rating on shares of GlobalData in a research report on Tuesday, July 15th.

GlobalData Stock Down 1.5%

The company has a market capitalization of £1.06 billion, a P/E ratio of 31.30, a price-to-earnings-growth 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 firm's fifty day moving average is GBX 143.64 and its 200-day moving average is GBX 161.05.

GlobalData (LON:DATA - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. GlobalData had a net margin of 11.96% and a return on equity of 12.99%. As a group, equities research analysts predict that GlobalData Plc will post 9.6687774 EPS for the current year.

Insider Buying and Selling at GlobalData

In related news, insider Graham Lilley sold 536,428 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of GBX 143 ($1.94), for a total value of £767,092.04 ($1,039,701.87). Company insiders own 66.45% of the company's stock.

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.