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GlobalData ( (GB:DATA) ) just unveiled an update.
GlobalData Plc announced a transaction involving the sale of 17,800 ordinary shares by Peter Harkness, a non-executive director. The shares were sold at a price of £1.50 each, totaling £26,700, and the transaction took place on the London Stock Exchange. This announcement, made in compliance with the Market Abuse Regulation, highlights the company’s transparency in its financial dealings and could influence stakeholder perceptions regarding the company’s governance and market activities.
The most recent analyst rating on (GB:DATA) stock is a Hold with a £157.00 price target. To see the full list of analyst forecasts on GlobalData stock, see the GB:DATA Stock Forecast page.
Spark’s Take on GB:DATA Stock
According to Spark, TipRanks’ AI Analyst, GB:DATA is a Neutral.
GlobalData’s overall stock score is driven primarily by its solid financial performance, with strong revenue growth and improved financial stability. However, technical indicators suggest caution due to potential bearish momentum, and the high P/E ratio indicates possible overvaluation. The lack of recent earnings call data and corporate events means these factors did not influence the score.
To see Spark’s full report on GB:DATA stock, click here.
More about GlobalData
GlobalData Plc operates in the data analytics and consulting industry, providing insights and analysis across various sectors. The company focuses on delivering comprehensive data solutions to businesses, aiding in strategic decision-making and market understanding.
Average Trading Volume: 1,793,992
Technical Sentiment Signal: Hold
Current Market Cap: £1.12B
For an in-depth examination of DATA stock, go to TipRanks’ Overview page.