GlobalData Plc (LON:DATA – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 128 ($1.65) and last traded at GBX 128 ($1.65), with a volume of 1018269 shares. The stock had previously closed at GBX 135 ($1.74).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank upped their price target on shares of GlobalData from GBX 295 ($3.80) to GBX 300 ($3.87) and gave the stock a “buy” rating in a research report on Tuesday, January 14th.
Read Our Latest Report on DATA
GlobalData Trading Down 2.8 %
GlobalData (LON:DATA – Get Free Report) last announced its quarterly earnings results on Monday, March 10th. The company reported GBX 7.50 ($0.10) EPS for the quarter. GlobalData had a return on equity of 12.99% and a net margin of 11.96%. As a group, equities analysts forecast that GlobalData Plc will post 9.6687774 earnings per share for the current year.
GlobalData Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, March 20th will be paid a dividend of GBX 1 ($0.01) per share. The ex-dividend date is Thursday, March 20th. This represents a yield of 0.65%. GlobalData’s dividend payout ratio is currently 119.48%.
Insider Activity
In other news, insider Michael Danson sold 2,000,000 shares of the company’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of GBX 195 ($2.51), for a total value of £3,900,000 ($5,027,068.83). Insiders own 66.45% of the company’s stock.
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.
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