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

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

Analyst Ratings Changes

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

GlobalData Stock Up 0.1%

The stock has a fifty day simple moving average of GBX 166.46 and a two-hundred day simple moving average of GBX 176.72. The firm has a market cap of £1.25 billion, a PE ratio of 37.09, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.16.

GlobalData (LON:DATA - Get Free Report) last issued its quarterly earnings data on Monday, March 10th. The company reported GBX 7.50 ($0.10) EPS 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 expect that GlobalData Plc will post 9.6687774 EPS for the current fiscal 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.