iomart Group (LON:IOM) Stock Price Passes Below 200 Day Moving Average – Here’s Why

iomart Group plc (LON:IOM) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 20.98 and traded as low as GBX 18.45. iomart Group shares last traded at GBX 19.70, with a volume of 140,330 shares.

iomart Group Stock Performance

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 company has a market cap of £22.70 million, a PE ratio of -0.37 and a beta of 0.58. The business’s 50-day moving average is GBX 18.77 and its 200 day moving average is GBX 20.98.

iomart Group (LON:IOM) last posted its quarterly earnings results on Wednesday, November 26th. The company reported GBX (1.90) earnings per share (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 predict 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).