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

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

Wall Street Analyst Weigh In

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

GlobalData Trading Up 0.5 %

The business’s fifty day moving average is GBX 199.74 and its 200 day moving average is GBX 211.93. The firm has a market capitalization of £1.60 billion, a price-to-earnings ratio of 5,075.00, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. The company has a quick ratio of 0.61, a current ratio of 1.25 and a debt-to-equity ratio of 5.15.

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.