GlobalData (LON:DATA) Shares Up 0.5% – Still a Buy?

GlobalData Plc (LON:DATA) shares traded up 0.5% during trading on Tuesday . The stock traded as high as GBX 203 ($2.57) and last traded at GBX 203 ($2.57). 433,877 shares traded hands during trading, a decline of 54% from the average session volume of 946,769 shares. The stock had previously closed at GBX 202 ($2.56).

Analyst Ratings Changes

Separately, Berenberg Bank assumed coverage on shares of GlobalData in a report on Wednesday, September 11th. They issued a “buy” rating and a GBX 295 ($3.74) target price for the company.

GlobalData Stock Performance

The company has a 50-day moving average of GBX 199.74 and a 200-day moving average of GBX 211.93. 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 market capitalization of £1.60 billion, a P/E ratio of 5,075.00, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58.

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.