GlobalData (LON:DATA) Trading Down 15.5% - Here's What Happened

GlobalData Plc (LON:DATA - Get Free Report)'s share price fell 15.5% during trading on Thursday . The stock traded as low as GBX 143 ($1.95) and last traded at GBX 145.83 ($1.99). 18,964,590 shares were traded during trading, an increase of 743% from the average session volume of 2,249,550 shares. The stock had previously closed at GBX 172.50 ($2.35).

Analysts Set New Price Targets

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

GlobalData Trading Up 0.1%

The stock's fifty day simple moving average is GBX 166.46 and its two-hundred day simple moving average is GBX 176.72. The firm has a market cap 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 quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.16.

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 return on equity of 12.99% and a net margin of 11.96%. On average, sell-side analysts forecast that GlobalData Plc will post 9.6687774 EPS for the current fiscal year.

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.