GlobalData (LON:DATA) Trading 0.5% Higher – Here’s What Happened

GlobalData Plc (LON:DATA)’s stock price rose 0.5% during mid-day trading on Tuesday . The stock traded as high as GBX 203 ($2.58) and last traded at GBX 203 ($2.58). Approximately 433,877 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 946,769 shares. The stock had previously closed at GBX 202 ($2.57).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank began coverage on GlobalData in a research note on Wednesday, September 11th. They issued a “buy” rating and a GBX 295 ($3.75) price objective on the stock.

GlobalData Trading Down 3.8 %

The company has a current ratio of 1.25, a quick ratio of 0.61 and a debt-to-equity ratio of 5.15. The firm has a 50-day moving average of GBX 199.74 and a two-hundred day moving average of GBX 211.93. The firm has a market capitalization of £1.58 billion, a P/E ratio of 5,075.00, a P/E/G ratio of 1.52 and a beta of 0.58.

About GlobalData

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.