GlobalData (LON:DATA) Reaches New 1-Year Low – What’s Next?

Shares of GlobalData Plc (LON:DATA) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 145.50 ($1.88) and last traded at GBX 148 ($1.91), with a volume of 950794 shares trading hands. The stock had previously closed at GBX 150 ($1.94).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised their price objective on shares of GlobalData from GBX 295 ($3.81) to GBX 300 ($3.88) and gave the company a “buy” rating in a research note on Tuesday, January 14th.

GlobalData Trading Down 2.2 %

The firm has a market capitalization of £1.18 billion, a PE ratio of 35.07, a P/E/G ratio of 1.52 and a beta of 0.58. The firm has a 50 day simple moving average of GBX 178.15 and a 200 day simple moving average of GBX 190.83. 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) last released its quarterly earnings data on Monday, March 10th. The company reported GBX 7.50 ($0.10) EPS for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. Equities analysts expect that GlobalData Plc will post 9.6687774 earnings per share for the current fiscal year.

GlobalData Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, May 2nd. Stockholders of record on Thursday, March 20th will be paid a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, March 20th. This represents a dividend yield of 0.65%. GlobalData’s dividend payout ratio (DPR) is currently 119.48%.

Insider Activity at GlobalData

In other news, insider Michael Danson sold 2,000,000 shares of the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of GBX 195 ($2.52), for a total transaction of £3,900,000 ($5,042,668.74). 66.45% of the stock is 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.