GlobalData (LON:DATA) Shares Up 0.9% – Should You Buy?
by Teresa Graham · The Cerbat GemGlobalData Plc (LON:DATA – Get Free Report)’s share price was up 0.9% during trading on Monday . The company traded as high as GBX 112 and last traded at GBX 110. Approximately 328,334 shares traded hands during trading, a decline of 85% from the average daily volume of 2,243,110 shares. The stock had previously closed at GBX 109.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. Shore Capital restated a “buy” rating on shares of GlobalData in a research note on Thursday, October 30th. Peel Hunt reissued a “buy” rating and issued a GBX 245 price target on shares of GlobalData in a report on Monday, October 20th. Berenberg Bank reduced their price target on shares of GlobalData from GBX 260 to GBX 170 and set a “buy” rating for the company in a research report on Friday, November 28th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of GlobalData from GBX 195 to GBX 170 and set a “buy” rating on the stock in a research report on Monday, October 20th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, GlobalData currently has an average rating of “Buy” and a consensus price target of GBX 195.
GlobalData Price Performance
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 company has a market cap of £784.62 million, a P/E ratio of 55.00, a P/E/G ratio of 1.52 and a beta of 0.58. The firm has a 50 day moving average price of GBX 108.70 and a two-hundred day moving average price of GBX 127.31.
Insider Buying and Selling
In other GlobalData news, insider Graham Lilley bought 23,961 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was purchased at an average price of GBX 125 per share, for a total transaction of £29,951.25. 64.45% of the stock is currently owned by company insiders.
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.