GlobalData (LON:DATA) Stock Price Down 12.5% - Here's What Happened

GlobalData Plc (LON:DATA - Get Free Report)'s stock price fell 12.5% on Wednesday . The company traded as low as GBX 143 ($1.94) and last traded at GBX 151 ($2.05). 25,509,496 shares traded hands during trading, an increase of 1,007% from the average session volume of 2,304,482 shares. The stock had previously closed at GBX 172.50 ($2.34).

Wall Street Analysts Forecast Growth

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

GlobalData Stock Up 0.1%

The stock has a market capitalization of £1.25 billion, a PE ratio of 37.09, 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 business has a 50 day moving average of GBX 166.07 and a two-hundred day moving average of GBX 176.87.

GlobalData (LON:DATA - Get Free Report) last posted its earnings results 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%. Analysts predict that GlobalData Plc will post 9.6687774 EPS for the current year.

About GlobalData

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.