iomart Group (LON:IOM – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Shore Capital in a report released on Wednesday, MarketBeat.com reports.
iomart Group Stock Down 4.5 %
IOM stock opened at GBX 84 ($1.07) on Wednesday. iomart Group has a one year low of GBX 73 ($0.93) and a one year high of GBX 166.20 ($2.12). The stock has a market capitalization of £94.42 million, a PE ratio of 1,400.00 and a beta of 0.58. The company has a debt-to-equity ratio of 47.08, a quick ratio of 1.18 and a current ratio of 1.03. The company has a fifty day moving average of GBX 93.05 and a 200-day moving average of GBX 114.98.
Insider Activity
In other iomart Group news, insider Annette Nabavi bought 5,500 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was purchased at an average cost of GBX 91 ($1.16) per share, for a total transaction of £5,005 ($6,386.37). Insiders own 23.15% of the company’s stock.
About iomart Group
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.
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