Free Trial

iomart Group (LON:IOM) Shares Cross Below 200-Day Moving Average - What's Next?

iomart Group logo with Computer and Technology background

Shares of iomart Group plc (LON:IOM - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 99.94 ($1.24) and traded as low as GBX 68.80 ($0.85). iomart Group shares last traded at GBX 73.24 ($0.91), with a volume of 53,444 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a "buy" rating on shares of iomart Group in a research report on Wednesday, December 4th.

Read Our Latest Analysis on IOM

iomart Group Stock Performance

The firm has a market cap of £79.14 million, a price-to-earnings ratio of 1,173.33 and a beta of 0.58. The stock's fifty day moving average is GBX 78.68 and its two-hundred day moving average is GBX 98.97. 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 (LON:IOM - Get Free Report) last announced its quarterly earnings results on Wednesday, November 27th. The company reported GBX 2.70 ($0.03) EPS for the quarter. iomart Group had a net margin of 5.07% and a return on equity of 5.28%. On average, analysts expect that iomart Group plc will post 7.45 earnings per share for the current fiscal year.

iomart Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 9th were paid a GBX 1.30 ($0.02) dividend. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 1.38%. iomart Group's payout ratio is 8,333.33%.

Insider Activity

In other news, insider Annette Nabavi acquired 5,500 shares of the company's stock in a transaction dated Tuesday, December 3rd. The shares were bought at an average price of GBX 91 ($1.13) per share, with a total value of £5,005 ($6,205.83). Also, insider Richard Last bought 50,000 shares of the firm's stock in a transaction that occurred on Thursday, January 9th. The shares were purchased at an average cost of GBX 77 ($0.95) per share, with a total value of £38,500 ($47,737.14). Corporate insiders own 23.15% of the company's stock.

About iomart Group

(Get Free Report)

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).

Featured Stories

Should You Invest $1,000 in iomart Group Right Now?

Before you consider iomart Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iomart Group wasn't on the list.

While iomart Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for March 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines