iomart Group plc (LON:IOM - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 124.06 ($1.61) and traded as low as GBX 86.40 ($1.12). iomart Group shares last traded at GBX 86.40 ($1.12), with a volume of 1,063,691 shares changing hands.
Wall Street Analyst Weigh In
Separately, Shore Capital reissued a "buy" rating on shares of iomart Group in a research report on Friday, October 4th.
Read Our Latest Report on iomart Group
iomart Group Trading Down 1.6 %
The company has a market cap of £95.55 million, a PE ratio of 1,416.67 and a beta of 0.58. The company has a quick ratio of 1.18, a current ratio of 1.03 and a debt-to-equity ratio of 47.08. The business has a 50-day simple moving average of GBX 108.65 and a 200-day simple moving average of GBX 123.64.
iomart Group Company Profile
(
Get Free Report)
iomart Group plc engages in the provision of cloud hosting and managed services in the United Kingdom and internationally. It operates in two segments, Cloud Services and Easyspace. The Cloud Services segment offers managed cloud computing facilities and services, such as colocation data centre and disaster recovery services through a network of owned data centres, to the larger SME and corporate markets.
Featured Articles
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
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
