GlobalData (LON:DATA) Stock Price Up 2.7%

GlobalData PLC (LON:DATA)’s stock price shot up 2.7% during trading on Thursday . The company traded as high as GBX 1,330 ($17.50) and last traded at GBX 1,330 ($17.50), 8,234 shares were traded during mid-day trading. A decline of 59% from the average session volume of 19,942 shares. The stock had previously closed at GBX 1,295 ($17.03).

Separately, Berenberg Bank downgraded shares of GlobalData to a “hold” rating and lifted their target price for the stock from GBX 920 ($12.10) to GBX 1,200 ($15.79) in a research report on Monday, January 13th.

The stock has a market capitalization of $1.53 billion and a PE ratio of -294.32. The company has a current ratio of 0.57, a quick ratio of 0.56 and a debt-to-equity ratio of 74.80. The stock has a 50 day moving average price of GBX 1,317.50 and a 200-day moving average price of GBX 1,042.89.

GlobalData Company Profile (LON:DATA)

GlobalData Plc provides business information products and services across various platforms to the consumer, information communications technology, and healthcare markets. The company offers data, insight, and analysis services, as well as performance advertising services. GlobalData Plc serves customers in Europe, North America, and the Asia Pacific.

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