Iomart Group (LON:IOM) Rating Reiterated by Peel Hunt

Iomart Group (LON:IOM)‘s stock had its “buy” rating restated by Peel Hunt in a report issued on Monday, ThisIsMoney.Co.Uk reports.

Separately, FinnCap reiterated a “corporate” rating on shares of Iomart Group in a research report on Tuesday, June 11th.

Shares of IOM opened at GBX 331 ($4.33) on Monday. The stock’s 50-day moving average price is GBX 332.22 and its 200 day moving average price is GBX 344.84. The company has a quick ratio of 0.55, a current ratio of 0.87 and a debt-to-equity ratio of 47.24. The firm has a market capitalization of $359.95 million and a price-to-earnings ratio of 28.53. Iomart Group has a 12-month low of GBX 306 ($4.00) and a 12-month high of GBX 475 ($6.21).

In other news, insider Scott Cunningham bought 4,000 shares of Iomart Group stock in a transaction that occurred on Wednesday, June 19th. The stock was purchased at an average cost of GBX 325 ($4.25) per share, with a total value of £13,000 ($16,986.80).

Iomart Group Company Profile

iomart Group plc provides managed cloud services in the United Kingdom and internationally. It operates through two segments, Cloud Services and Easyspace. The company offers a range of domain names, shared, dedicated and virtual servers, and email services to micro and SME markets. It also provides managed cloud computing facilities and services through a network of owned datacenters to larger SME and corporate markets; and data storage, backup, and virtualization solutions.

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