GlobalData (LON:DATA) Shares Down 15.5% - Here's Why

GlobalData Plc (LON:DATA - Get Free Report) shares traded down 15.5% during mid-day trading on Wednesday . The company traded as low as GBX 143 ($1.94) and last traded at GBX 145.83 ($1.98). 18,964,590 shares changed hands 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 ($2.34).

Wall Street Analyst Weigh In

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

GlobalData Stock Up 0.1%

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 has a market cap of £1.25 billion, a price-to-earnings ratio of 37.09, a PEG ratio of 1.52 and a beta of 0.58. The business's 50 day moving average price is GBX 166.07 and its 200 day moving average price is 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%. On average, equities analysts forecast that GlobalData Plc will post 9.6687774 EPS for the current 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.