iomart Group (LON:IOM) Stock Passes Above 200 Day Moving Average of $133.77

iomart Group plc (LON:IOM – Get Rating) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 133.77 ($1.63) and traded as high as GBX 137 ($1.67). iomart Group shares last traded at GBX 137 ($1.67), with a volume of 214,299 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reissued a “buy” rating on shares of iomart Group in a research note on Wednesday, November 30th.

iomart Group Trading Up 3.8 %

The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 54.97. The firm has a market cap of £151.45 million, a P/E ratio of 1,957.14 and a beta of 0.47. The company’s 50 day simple moving average is GBX 122.78 and its 200-day simple moving average is GBX 133.77.

iomart Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 27th. Shareholders of record on Thursday, January 5th were paid a GBX 1.94 ($0.02) dividend. This represents a yield of 1.73%. The ex-dividend date was Thursday, January 5th. iomart Group’s payout ratio is currently 8,571.43%.

About iomart Group

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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.