iomart Group (LON:IOM) Stock Price Crosses Below Two Hundred Day Moving Average of $165.86

iomart Group plc (LON:IOMGet Rating) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 165.86 ($1.96) and traded as low as GBX 115.93 ($1.37). iomart Group shares last traded at GBX 116 ($1.37), with a volume of 74,461 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of iomart Group in a research note on Tuesday, October 11th.

iomart Group Stock Down 2.5 %

The stock has a 50-day moving average of GBX 141.58 and a 200 day moving average of GBX 165.86. The company has a market cap of £127.75 million and a P/E ratio of 1,450.00. The company has a debt-to-equity ratio of 47.63, a current ratio of 1.26 and a quick ratio of 0.87.

iomart Group Company Profile

(Get Rating)

iomart Group plc provides managed cloud services in the United Kingdom and internationally. It operates in two segments, Cloud Services and Easyspace. The company offers a range of shared hosting and domain registration services to micro and SME companies, as well as managed cloud computing facilities and services.

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