iomart Group plc (LON:IOM – Get 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
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.
- Is the 60/40 Portfolio Mix Still in Vogue?
- Salesforce Cuts Labor, Shows Strong Earnings Despite Challenges
- Institutional Support for Analog Devices Remains High
- Three CBD Stocks to Dominate a Budding Industry
- Microsoft Shares: Is it Time to Back Up the Truck?
Receive News & Ratings for iomart Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iomart Group and related companies with MarketBeat.com's FREE daily email newsletter.