iomart Group (LON:IOM) Reaches New 1-Year Low at $110.00

iomart Group plc (LON:IOM)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 110 ($1.44) and last traded at GBX 114 ($1.49), with a volume of 52547 shares changing hands. The stock had previously closed at GBX 115 ($1.50).

Analyst Ratings Changes

A number of brokerages recently commented on IOM. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 185 ($2.42) target price on shares of iomart Group in a research report on Monday, June 10th. Shore Capital reiterated a “buy” rating on shares of iomart Group in a report on Friday, June 7th.

iomart Group Stock Performance

The company has a debt-to-equity ratio of 47.08, a current ratio of 1.03 and a quick ratio of 1.18. The stock has a market cap of £128.15 million, a PE ratio of 1,842.42 and a beta of 0.58. The business has a 50 day moving average price of GBX 124.10 and a two-hundred day moving average price of GBX 132.92.

iomart Group Company Profile

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.