iomart Group (LON:IOM) Shares Pass Below 200-Day Moving Average – Should You Sell?

iomart Group plc (LON:IOM) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 22.12 and traded as low as GBX 16.32. iomart Group shares last traded at GBX 16.70, with a volume of 120,902 shares changing hands.

iomart Group Trading Down 1.8%

The firm has a market capitalization of £18.96 million, a P/E ratio of -0.31 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 firm has a 50 day moving average price of GBX 20.65 and a two-hundred day moving average price of GBX 22.12.

iomart Group (LON:IOM) last released its quarterly earnings results on Wednesday, November 26th. The company reported GBX (1.90) EPS for the quarter. iomart Group had a net margin of 5.07% and a return on equity of 5.24%. On average, equities research analysts expect that iomart Group plc will post 7.45 EPS for the current fiscal year.

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).