iomart Group (LON:IOM) Rating Reiterated by Shore Capital

iomart Group (LON:IOM)‘s stock had its “buy” rating reissued by equities researchers at Shore Capital in a report issued on Thursday, MarketBeat reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 185 ($2.48) price objective on shares of iomart Group in a research note on Monday, June 10th.

iomart Group Price Performance

Shares of iomart Group stock opened at GBX 112 ($1.50) on Thursday. iomart Group has a 52-week low of GBX 106.52 ($1.43) and a 52-week high of GBX 166.20 ($2.23). The stock has a market capitalization of £125.90 million, a price-to-earnings ratio of 1,866.67 and a beta of 0.58. The company has a fifty day moving average of GBX 121.06 and a 200-day moving average of GBX 130.73. 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 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.