iomart Group (LON:IOM) Trading Down 4.9% – Should You Sell?

iomart Group plc (LON:IOM)’s share price traded down 4.9% during trading on Tuesday . The stock traded as low as GBX 20.10 and last traded at GBX 20.72. 302,191 shares changed hands during mid-day trading, an increase of 11% from the average session volume of 271,110 shares. The stock had previously closed at GBX 21.80.

iomart Group Stock Down 4.9%

The firm has a market capitalization of £23.52 million, a price-to-earnings ratio of -0.39 and a beta of 0.58. The business has a 50 day moving average of GBX 19.60 and a 200 day moving average of GBX 21.45. 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 quarterly earnings results on Wednesday, November 26th. The company reported GBX (1.90) EPS for the quarter. iomart Group had a return on equity of 5.24% and a net margin of 5.07%. On average, equities analysts anticipate that iomart Group plc will post 7.45 EPS for the current year.

iomart Group Company Profile

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).