Iomart Group Plc (IOM) Receives “Hold” Rating from N+1 Singer
A number of other research firms have also recently commented on IOM. FinnCap restated a corporate rating and issued a GBX 360 ($4.70) price objective on shares of Iomart Group Plc in a research report on Monday, August 15th. Peel Hunt reaffirmed a buy rating and issued a GBX 315 ($4.11) price target on shares of Iomart Group Plc in a research note on Friday.
Iomart Group Plc (LON:IOM) traded up 0.585% during mid-day trading on Friday, reaching GBX 279.625. The company had a trading volume of 109,362 shares. The stock’s market capitalization is GBX 298.68 million. The stock has a 50 day moving average of GBX 296.14 and a 200 day moving average of GBX 278.30. Iomart Group Plc has a 52 week low of GBX 210.00 and a 52 week high of GBX 320.00.
In other news, insider Logan,Richard sold 2,000 shares of Iomart Group Plc stock in a transaction that occurred on Thursday, August 25th. The stock was sold at an average price of GBX 310 ($4.05), for a total value of £6,200 ($8,092.94). Also, insider Haran,Sarah sold 3,000 shares of Iomart Group Plc stock in a transaction that occurred on Tuesday, August 30th. The stock was sold at an average price of GBX 300 ($3.92), for a total value of £9,000 ($11,747.81).
About Iomart Group Plc
iomart Group plc (iomart) is a United Kingdom-based company. The Company is engaged in provision of cloud computing and managed hosting services. The Group specializes in the design, delivery and management of business-critical hosting services. The Company operates in two segments: Easyspace and Hosting.
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