Shore Capital reiterates buy rating for iomart Group (LON:IOM)

iomart Group (LON:IOM – Get a free report)Its stock had its “buy” rating restated by analysts at Shore Capital in a report on Friday, Digital Look reports.

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 185 ($2.47) target price on shares of iomart group in a research report on Monday, June 10th.

See our latest research report on IOM

iomart group trading down 3.6%

Shares of iomart group stock opened at GBX 95.40 ($1.28) on Friday. The company has a debt-to-equity ratio of 47.08, a current ratio of 1.03, and a quick ratio of 1.18. The company has a market cap of £107.24 million, a price-to-earnings ratio of 1,583.27 and a beta of 0.58. iomart group has a one year low of GBX 92.20 ($1.23) and a one year high of GBX 166.20 ($2.22). The company’s fifty day moving average price is GBX 119.40, and its two hundred day moving average price is GBX 129.55.

Iomart Group Company Profile

(Get a free report)

iomart Group plc is committed to providing cloud hosting and managed services in the UK and internationally. It operates in two segments, Cloud Services and Easyspace. The Cloud Services segment provides managed cloud computing facilities and services, such as a colocation data center and disaster recovery services through a network of owned data centers, to the larger SMB and enterprise markets.

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