iomart Group plc (LON:IOM – Get Rating)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 176.20 ($2.13) and traded as low as GBX 169 ($2.04). iomart Group shares last traded at GBX 169.80 ($2.05), with a volume of 21,533 shares traded.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a “buy” rating on shares of iomart Group in a research report on Wednesday, August 3rd.
iomart Group Stock Performance
The firm has a market cap of £182.95 million and a P/E ratio of 2,112.50. The company has a current ratio of 1.26, a quick ratio of 0.87 and a debt-to-equity ratio of 47.63. The business’s fifty day simple moving average is GBX 179.06 and its 200-day simple moving average is GBX 176.32.
About iomart Group
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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