GlobalData (LON:DATA) Reaches New 52-Week Low – Should You Sell?

GlobalData Plc (LON:DATA) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 84.40 and last traded at GBX 85.20, with a volume of 1502184 shares traded. The stock had previously closed at GBX 87.20.

Analyst Ratings Changes

DATA has been the subject of a number of research analyst reports. Shore Capital Group reiterated a “buy” rating on shares of GlobalData in a report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft lowered their target price 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. Peel Hunt reiterated a “buy” rating and set a GBX 245 price target on shares of GlobalData in a research report on Monday, October 20th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 170 price target on shares of GlobalData in a research note on Wednesday, January 14th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 195.

GlobalData Stock Performance

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’s 50 day moving average is GBX 108.72 and its 200 day moving average is GBX 118.66. The stock has a market capitalization of £602.61 million, a price-to-earnings ratio of 42.60, a PEG ratio of 1.52 and a beta of 0.58.

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.