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

iomart Group plc (LON:IOM – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 14.94 and traded as low as GBX 11.20. iomart Group shares last traded at GBX 11.25, with a volume of 133,456 shares traded.

iomart Group Price Performance

The stock has a market capitalization of £12.78 million, a P/E ratio of -1.39 and a beta of 0.88. The company has a debt-to-equity ratio of 216.82, a quick ratio of 1.18 and a current ratio of 0.92. The stock has a 50-day simple moving average of GBX 13.33 and a 200 day simple moving average of GBX 14.94.

About iomart Group

(Get Free Report)

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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