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

iomart Group plc (LON:IOM) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 18.68 and traded as low as GBX 11.72. iomart Group shares last traded at GBX 11.88, with a volume of 60,488 shares.

iomart Group Stock Performance

The company has a 50 day moving average price of GBX 15.57 and a 200-day moving average price of GBX 18.68. The company has a market cap of £13.48 million, a P/E ratio of -0.22 and a beta of 0.29. The company has a current ratio of 0.87, a quick ratio of 1.18 and a debt-to-equity ratio of 196.45.

About iomart Group

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).