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iomart Group plc (LON:IOM – Get Free Report)’s share price traded down 16.1% on Friday . The stock traded as low as GBX 24.81 ($0.33) and last traded at GBX 26.50 ($0.35). 1,134,147 shares changed hands during trading, an increase of 257% from the average session volume of 317,316 shares. The stock had previously closed at GBX 31.60 ($0.42).
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a “buy” rating on shares of iomart Group in a report on Friday, February 7th.
iomart Group Price Performance
The company has a market cap of £31.21 million, a price-to-earnings ratio of 4.81 and a beta of 0.58. The company’s 50 day moving average price is GBX 34.09 and its 200 day moving average price is GBX 65.51. The company has a debt-to-equity ratio of 47.08, a quick ratio of 1.18 and a current ratio of 1.03.
iomart Group Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 9th were paid a GBX 1.30 ($0.02) dividend. This represents a dividend yield of 1.38%. The ex-dividend date was Thursday, January 9th. iomart Group’s dividend payout ratio (DPR) is currently 90.68%.
iomart Group Company Profile
iomart Group plc (AIM: IOM) is one of the UK’s leading provider of secure cloud managed services, simplifying the complexities of modern technology for businesses. Our team of 650+ experts deliver cutting-edge solutions in cloud infrastructure, modern workplace management, and managed security services that enable our customers to innovate, protect, and scale their businesses.
We proudly hold one of the UK’s most extensive sets of Microsoft credentials, including Azure Expert MSP, five Solution Partner Designations, and membership in Microsoft’s Intelligent Security Association (MISA).
See Also
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