Iomart Group (LON:IOM) Earns Buy Rating from Peel Hunt

Peel Hunt restated their buy rating on shares of Iomart Group (LON:IOM) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.

Separately, FinnCap restated a corporate rating on shares of Iomart Group in a research note on Tuesday, June 11th.

Shares of IOM stock opened at GBX 335.50 ($4.38) on Monday. Iomart Group has a fifty-two week low of GBX 306 ($4.00) and a fifty-two week high of GBX 475 ($6.21). The firm has a market capitalization of $374.30 million and a price-to-earnings ratio of 28.92. The company has a debt-to-equity ratio of 47.24, a quick ratio of 0.55 and a current ratio of 0.87. The stock’s 50-day simple moving average is GBX 332.48 and its 200-day simple moving average is GBX 344.69.

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

About Iomart Group

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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