GlobalData (LON:DATA) Sets New 1-Year Low – Time to Sell?

Shares of GlobalData Plc (LON:DATA) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 81.60 and last traded at GBX 82, with a volume of 1023704 shares changing hands. The stock had previously closed at GBX 84.80.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on DATA shares. Shore Capital Group reaffirmed a “buy” rating on shares of GlobalData in a research report on Thursday, January 15th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 170 price target on shares of GlobalData in a report on Wednesday, January 14th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, GlobalData has a consensus rating of “Buy” and an average price target of GBX 195.

GlobalData Price Performance

The stock’s 50 day simple moving average is GBX 106.73 and its 200-day simple moving average is GBX 117.04. The firm has a market cap of £579.98 million, a price-to-earnings ratio of 41.00, a price-to-earnings-growth 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.

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. This model governs everything we do, from how we develop and manage our products, to our approach to sales and customer success, and supporting business operations.