iomart Group plc (LON:IOM - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 110.80 ($1.39) and traded as low as GBX 72 ($0.90). iomart Group shares last traded at GBX 75 ($0.94), with a volume of 146,363 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a "buy" rating on shares of iomart Group in a research note on Wednesday, December 4th.
Check Out Our Latest Stock Analysis on IOM
iomart Group Price Performance
The company has a market cap of £84.31 million, a price-to-earnings ratio of 1,250.00 and a beta of 0.58. The company's 50 day moving average price is GBX 89.19 and its 200-day moving average price is GBX 110.80. The company has a debt-to-equity ratio of 47.08, a quick ratio of 1.18 and a current ratio of 1.03.
iomart Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 9th will be given a GBX 1.30 ($0.02) dividend. The ex-dividend date is Thursday, January 9th. This represents a yield of 1.38%. iomart Group's dividend payout ratio (DPR) is 8,333.33%.
Insider Activity
In related news, insider Annette Nabavi acquired 5,500 shares of the business's stock in a transaction on Tuesday, December 3rd. The shares were purchased at an average price of GBX 91 ($1.14) per share, for a total transaction of £5,005 ($6,290.06). Insiders own 23.15% of the company's stock.
About iomart Group
(
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iomart Group plc AIM: IOM is one of the UK's leading provider of secure cloud managed services, simplifying the complexities of modern technology for businesses. Our team of 650+ experts deliver cutting-edge solutions in cloud infrastructure, modern workplace management, and managed security services that enable our customers to innovate, protect, and scale their businesses.
We proudly hold one of the UK's most extensive sets of Microsoft credentials, including Azure Expert MSP, five Solution Partner Designations, and membership in Microsoft's Intelligent Security Association (MISA).
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