GlobalData (LON:DATA) Shares Cross Above 50 Day Moving Average of $1,262.09

GlobalData Plc (LON:DATA – Get Rating)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,262.09 ($15.38) and traded as high as GBX 1,270 ($15.48). GlobalData shares last traded at GBX 1,260 ($15.36), with a volume of 4,104 shares traded.

Wall Street Analyst Weigh In

Separately, Numis Securities reiterated a “buy” rating and set a GBX 1,600 ($19.50) price target on shares of GlobalData in a report on Tuesday, January 24th.

GlobalData Stock Performance

The company has a debt-to-equity ratio of 649.28, a quick ratio of 0.61 and a current ratio of 0.67. The company has a market capitalization of £1.49 billion, a P/E ratio of 4,846.15, a price-to-earnings-growth ratio of 1.52 and a beta of 0.67. The business has a 50 day moving average of GBX 1,262.09 and a 200-day moving average of GBX 1,180.63.

GlobalData Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 28th. Shareholders of record on Thursday, March 30th will be paid a GBX 18.30 ($0.22) dividend. This is a positive change from GlobalData’s previous dividend of $7.70. This represents a yield of 1.48%. The ex-dividend date of this dividend is Thursday, March 30th. GlobalData’s dividend payout ratio is currently 10,000.00%.

Insider Transactions at GlobalData

In other GlobalData news, insider Michael Danson sold 2,788,833 shares of the company’s stock in a transaction that occurred on Thursday, January 26th. The stock was sold at an average price of GBX 1,150 ($14.02), for a total transaction of £32,071,579.50 ($39,087,848.26). In other news, insider Graham Lilley sold 65,000 shares of the firm’s stock in a transaction on Friday, January 13th. The stock was sold at an average price of GBX 1,310 ($15.97), for a total value of £851,500 ($1,037,781.84). Also, insider Michael Danson sold 2,788,833 shares of the firm’s stock in a transaction on Thursday, January 26th. The stock was sold at an average price of GBX 1,150 ($14.02), for a total value of £32,071,579.50 ($39,087,848.26). Company insiders own 68.14% of the company’s stock.

About GlobalData

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GlobalData Plc provides business information in the form of proprietary data, analytics, and insights in Europe, North America, and the Asia Pacific. The company offers performance advertising services. It serves aerospace, defense, and security; apparel; automotive; banking and payments; construction; consumer; foodservices; healthcare; insurance; medical devices; mining; oil and gas; packaging; pharmaceutical; power; retail; technology; travel and tourism; and sport industries, as well as public sectors.