GlobalData (LON:DATA) Announces Quarterly Earnings Results

GlobalData (LON:DATA) posted its earnings results on Monday. The company reported GBX 7.50 ($0.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. GlobalData had a return on equity of 12.99% and a net margin of 11.96%.

GlobalData Stock Performance

Shares of DATA stock traded up GBX 4 ($0.05) during midday trading on Wednesday, hitting GBX 164 ($2.12). The company had a trading volume of 3,570,465 shares, compared to its average volume of 2,088,829. GlobalData has a 52-week low of GBX 155.98 ($2.02) and a 52-week high of GBX 244 ($3.16). The company has a debt-to-equity ratio of 5.16, a current ratio of 1.25 and a quick ratio of 0.61. The company’s 50 day simple moving average is GBX 188.90 and its 200 day simple moving average is GBX 196.83. The stock has a market cap of £1.32 billion, a price-to-earnings ratio of 39.19, a PEG ratio of 1.52 and a beta of 0.58.

Insider Transactions at GlobalData

In other GlobalData news, insider Michael Danson sold 2,000,000 shares of GlobalData stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of GBX 195 ($2.52), for a total value of £3,900,000 ($5,049,197.31). Company insiders own 66.45% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Berenberg Bank raised their price target on GlobalData from GBX 295 ($3.82) to GBX 300 ($3.88) and gave the stock a “buy” rating in a research report on Tuesday, January 14th.

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.