iomart Group (LON:IOM) Stock Crosses Above 200-Day Moving Average – What’s Next?

Shares of iomart Group plc (LON:IOM – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 18.14 and traded as high as GBX 23.30. iomart Group shares last traded at GBX 22, with a volume of 286,587 shares changing hands.

iomart Group Trading Down 1.8%

The firm has a market capitalization of £24.54 million, a PE ratio of -0.40 and a beta of 0.88. The company’s 50-day simple moving average is GBX 15.13 and its 200 day simple moving average is GBX 18.16. The company has a quick ratio of 1.18, a current ratio of 0.87 and a debt-to-equity ratio of 196.45.

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iomart Group Company Profile

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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).

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