4GLOBAL (LON:4GBL) Hits New 12-Month Low on Analyst Downgrade

4GLOBAL plc (LON:4GBL) shares reached a new 52-week low during mid-day trading on Wednesday after Canaccord Genuity Group lowered their price target on the stock from GBX 100 to GBX 65. Canaccord Genuity Group currently has a buy rating on the stock. 4GLOBAL traded as low as GBX 25 ($0.32) and last traded at GBX 26.67 ($0.35), with a volume of 38658 shares changing hands. The stock had previously closed at GBX 36.50 ($0.47).

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 100 ($1.30) price target on shares of 4GLOBAL in a research note on Thursday, December 12th.

4GLOBAL Trading Down 3.3 %

The company has a debt-to-equity ratio of 6.72, a current ratio of 3.15 and a quick ratio of 3.05. The business has a 50-day moving average of GBX 40.32 and a 200-day moving average of GBX 43.80. The firm has a market cap of £7.01 million, a price-to-earnings ratio of -2,660.00 and a beta of -0.40.

About 4GLOBAL

4GLOBAL empowers sports, fitness and wellness organisations to make faster, smarter decisions about their operations, customers and investments through data and actionable insights.

It operates the largest sport participation and facility database in the world, with more than 4 billion data points.

Its customers span both the public and private sectors, including central and local governments (e.g.