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

GlobalData Plc (LON:DATA)’s share price reached a new 52-week high on Friday . The company traded as high as £201.50 ($262.30) and last traded at GBX 201.50 ($2.62), with a volume of 1909799 shares traded. The stock had previously closed at GBX 202 ($2.63).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank assumed coverage on GlobalData in a research report on Wednesday, September 11th. They set a “buy” rating and a GBX 295 ($3.84) target price on the stock.

GlobalData Stock Down 0.2 %

The company’s 50-day moving average is GBX 201.92 and its 200 day moving average is GBX 214.39. The stock has a market capitalization of £1.59 billion, a PE ratio of 5,037.50, 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 5.15.

Insiders Place Their Bets

In other GlobalData news, insider Graham Lilley sold 250,000 shares of the business’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of GBX 225 ($2.93), for a total transaction of £562,500 ($732,231.19). Corporate insiders own 66.45% of the company’s stock.

GlobalData Company Profile

GlobalData Plc, together with its subsidiaries, provides business information in the form of proprietary data, analytics, and insights in Europe, North America, and the Asia Pacific. The company also offers performance advertising services. It serves aerospace, defense, and security; agribusiness; apparel; automotive; banking and payments; construction; consumer; food services; healthcare; insurance; medical devices; mining; oil and gas; packaging; pharmaceutical; power; retail; technology; travel and tourism; and sport industries, as well as public sectors.