GlobalData (LON:DATA) Share Price Passes Above 50 Day Moving Average - Here's What Happened

GlobalData Plc (LON:DATA - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 155.19 ($2.07) and traded as high as GBX 190 ($2.54). GlobalData shares last traded at GBX 188.09 ($2.51), with a volume of 914,563 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a "buy" rating on shares of GlobalData in a research report on Friday, May 2nd.

GlobalData Stock Up 1.3%

The firm's fifty day moving average is GBX 156.24 and its two-hundred day moving average is GBX 179.66. The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61. The firm has a market cap of £1.52 billion, a price-to-earnings ratio of 45.16, a P/E/G ratio of 1.52 and a beta of 0.58.

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

GlobalData Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, May 2nd. Stockholders of record on Thursday, March 20th were paid a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, March 20th. This represents a dividend yield of 0.65%. GlobalData's dividend payout ratio is presently 119.48%.

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.