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GlobalData (LON:DATA) Trading Down 11.6% - Here's What Happened

GlobalData logo with Industrials background

GlobalData Plc (LON:DATA - Get Free Report) was down 11.6% during trading on Wednesday . The company traded as low as GBX 143 ($1.94) and last traded at GBX 152.50 ($2.07). Approximately 29,412,533 shares were traded during trading, an increase of 1,155% from the average daily volume of 2,343,676 shares. The stock had previously closed at GBX 172.50 ($2.34).

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on GlobalData

GlobalData Trading Up 0.1%

The business has a fifty day moving average of GBX 166.07 and a 200-day moving average of GBX 176.87. The stock has a market capitalization of £1.25 billion, a price-to-earnings ratio of 37.09, 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 current ratio of 1.25 and a quick ratio of 0.61.

GlobalData (LON:DATA - Get Free Report) last posted its quarterly earnings data 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, equities analysts anticipate that GlobalData Plc will post 9.6687774 earnings per share for the current fiscal year.

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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