YouGov (LON:YOU) Shares Down 15.2% – Here’s What Happened

YouGov plc (LON:YOU) shares fell 15.2% during mid-day trading on Tuesday . The company traded as low as GBX 135.40 and last traded at GBX 147.48. 2,829,414 shares were traded during mid-day trading, an increase of 143% from the average session volume of 1,164,805 shares. The stock had previously closed at GBX 174.

Wall Street Analysts Forecast Growth

YOU has been the subject of several analyst reports. Canaccord Genuity Group initiated coverage on shares of YouGov in a research note on Thursday, March 19th. They issued a “buy” rating and a GBX 450 price target for the company. JPMorgan Chase & Co. reduced their price target on shares of YouGov from GBX 385 to GBX 380 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Finally, UBS Group reiterated a “buy” rating and issued a GBX 510 price objective on shares of YouGov in a report on Friday, January 23rd. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 475.60.

YouGov Price Performance

The firm has a market cap of £178.59 million, a price-to-earnings ratio of 13.48, a PEG ratio of 0.71 and a beta of 1.40. The company has a quick ratio of 0.99, a current ratio of 0.64 and a debt-to-equity ratio of 116.12. The company’s 50-day moving average price is GBX 212.90 and its 200-day moving average price is GBX 252.34.

Insider Activity at YouGov

In other news, insider Ashley G. Martin purchased 16,586 shares of the stock in a transaction on Wednesday, February 11th. The stock was bought at an average price of GBX 211 per share, for a total transaction of £34,996.46. Corporate insiders own 13.45% of the company’s stock.

About YouGov

YouGov is a global research data and analytics group. Our mission is to offer unparalleled insight into what the world really thinks and does. With operations in the Americas, Mainland Europe, UK and Asia Pacific, we have one of the world’s largest research networks.

Above all, YouGov is powered by reality. That stems from a unique panel of millions of registered members across 64 markets, encapsulating some 18 million shopping trips and millions of interconnected data points. Our unique approach to recruiting and engaging with our panel, combined with our state-of-the-art technology platforms, enables us to deliver real-world, real-time insights that lead to better decision-making and a competitive advantage for our clients.