iomart Group (LON:IOM) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

iomart Group plc (LON:IOM)’s share price 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 traded.

iomart Group Price Performance

The company has a market cap of £18.62 million, a P/E ratio of -0.30 and a beta of 0.58. The company has a 50 day moving average of GBX 20.50 and a 200-day moving average of GBX 21.98. The company has a debt-to-equity ratio of 47.08, a current ratio of 1.03 and a quick ratio of 1.18.

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

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).