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

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

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a buy rating and issued a GBX 185 ($2.48) price target on shares of iomart Group in a research report on Monday, June 10th.

iomart Group Price Performance

IOM opened at GBX 112 ($1.50) on Thursday. The stock has a market cap of £125.90 million, a price-to-earnings ratio of 1,866.67 and a beta of 0.58. iomart Group has a 1 year low of GBX 106.52 ($1.43) and a 1 year high of GBX 166.20 ($2.23). The company has a current ratio of 1.03, a quick ratio of 1.18 and a debt-to-equity ratio of 47.08. The stock has a fifty day moving average price of GBX 121.06 and a 200 day moving average price of GBX 130.73.

About iomart Group

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.