iomart Group’s (IOM) Buy Rating Reiterated at Shore Capital

Shore Capital reaffirmed their buy rating on shares of iomart Group (LON:IOM) in a research report released on Friday morning, MarketBeat Ratings reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and set a GBX 185 ($2.47) price objective on shares of iomart Group in a report on Monday, June 10th.

iomart Group Stock Down 3.9 %

iomart Group stock opened at GBX 95.10 ($1.27) on Friday. The stock’s fifty day moving average is GBX 118.83 and its two-hundred day moving average is GBX 129.22. The stock has a market cap of £106.90 million, a PE ratio of 1,566.67 and a beta of 0.58. iomart Group has a 1-year low of GBX 92.20 ($1.23) and a 1-year high of GBX 166.20 ($2.22). 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 Company Profile

iomart Group plc engages in the provision of cloud hosting and managed services in the United Kingdom and internationally. It operates in two segments, Cloud Services and Easyspace. The Cloud Services segment offers managed cloud computing facilities and services, such as colocation data centre and disaster recovery services through a network of owned data centres, to the larger SME and corporate markets.