GlobalData (LON:DATA) Trading Up 12.2% – Should You Buy?

GlobalData Plc (LON:DATA)’s share price traded up 12.2% on Monday . The stock traded as high as GBX 112.50 and last traded at GBX 111.50. 7,594,019 shares were traded during mid-day trading, an increase of 232% from the average session volume of 2,284,868 shares. The stock had previously closed at GBX 99.40.

Analyst Ratings Changes

Several research analysts have recently commented on DATA shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 260 price objective on shares of GlobalData in a report on Tuesday, August 5th. Shore Capital reaffirmed a “buy” rating on shares of GlobalData in a research note on Thursday, October 30th. Deutsche Bank Aktiengesellschaft cut their price target on shares of GlobalData from GBX 195 to GBX 170 and set a “buy” rating on the stock in a report on Monday, October 20th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 245 price objective on shares of GlobalData in a research note on Monday, October 20th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 225.

GlobalData Price Performance

The firm has a fifty day moving average of GBX 116.97 and a 200 day moving average of GBX 139.10. 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 company has a market capitalization of £852.61 million, a P/E ratio of 59.75, a P/E/G ratio of 1.52 and a beta of 0.58.

Insider Buying and Selling at GlobalData

In related news, insider Peter Harkness sold 9,506 shares of GlobalData stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of GBX 150, for a total transaction of £14,259. Also, insider Graham Lilley purchased 23,961 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was acquired at an average price of GBX 125 per share, with a total value of £29,951.25. Over the last ninety days, insiders sold 20,027,306 shares of company stock valued at $3,004,095,900. Insiders own 64.44% of the company’s stock.

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.