iomart Group plc (LON:IOM - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 127.22 ($1.60) and last traded at GBX 129 ($1.62), with a volume of 188761 shares. The stock had previously closed at GBX 131.50 ($1.65).
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on IOM shares. Shore Capital reiterated a "buy" rating on shares of iomart Group in a research report on Thursday, April 11th. Numis Securities raised iomart Group to a "buy" rating and set a GBX 185 ($2.32) price target on the stock in a research note on Thursday, April 11th.
Read Our Latest Report on IOM
iomart Group Trading Down 1.9 %
The firm has a market capitalization of £144.74 million, a price-to-earnings ratio of 2,150.00 and a beta of 0.50. The company has a debt-to-equity ratio of 47.97, a quick ratio of 1.18 and a current ratio of 1.09. The business has a fifty day moving average price of GBX 141.56 and a 200 day moving average price of GBX 148.34.
iomart Group Company Profile
(
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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.
Further Reading
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