iomart Group plc (LON:IOM - Get Free Report) insider Annette Nabavi acquired 5,500 shares of the stock in a transaction on Tuesday, December 3rd. The stock was purchased at an average cost of GBX 91 ($1.16) per share, with a total value of £5,005 ($6,359.59).
iomart Group Stock Down 2.2 %
IOM stock opened at GBX 88 ($1.12) on Thursday. iomart Group plc has a twelve month low of GBX 73 ($0.93) and a twelve month high of GBX 166.20 ($2.11). 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 company has a market capitalization of £98.92 million, a P/E ratio of 1,466.67 and a beta of 0.58. The firm has a 50 day simple moving average of GBX 93.53 and a 200-day simple moving average of GBX 115.40.
iomart Group Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 1.30 ($0.02) per share. This represents a dividend yield of 1.38%. The ex-dividend date is Thursday, January 9th. iomart Group's payout ratio is currently 8,333.33%.
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "buy" rating on shares of iomart Group in a research report on Wednesday.
Read Our Latest Stock Analysis on IOM
About iomart Group
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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.
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