GlobalData (LON:DATA) Stock Price Down 15.5% - Time to Sell?

GlobalData Plc (LON:DATA - Get Free Report)'s stock price fell 15.5% on Wednesday . The company traded as low as GBX 143 ($1.95) and last traded at GBX 145.83 ($1.99). 18,964,590 shares changed hands during mid-day 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).

Analyst Ratings Changes

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

GlobalData Stock Performance

The firm has a 50-day moving average of GBX 166.46 and a 200-day moving average of GBX 176.72. The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.16. The stock has a market capitalization of £1.25 billion, a price-to-earnings ratio of 37.09, a P/E/G ratio of 1.52 and a beta of 0.58.

GlobalData (LON:DATA - Get Free Report) last released 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%. As a group, sell-side analysts predict that GlobalData Plc will post 9.6687774 earnings per share 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.