iomart Group (LON:IOM) Shares Up 11.7% – Should You Buy?

Shares of iomart Group plc (LON:IOM) traded up 11.7% during mid-day trading on Tuesday . The stock traded as high as GBX 15.80 and last traded at GBX 15.69. 621,826 shares were traded during mid-day trading, an increase of 130% from the average session volume of 270,858 shares. The stock had previously closed at GBX 14.05.

iomart Group Price Performance

The stock has a market cap of £18.12 million, a price-to-earnings ratio of -0.30 and a beta of 0.45. The company has a 50-day moving average of GBX 13.87 and a 200-day moving average of GBX 18.17. The company has a debt-to-equity ratio of 196.45, a quick ratio of 1.18 and a current ratio of 0.87.

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).