iomart Group (LON:IOM) Stock Price Up 10% – What’s Next?

iomart Group plc (LON:IOM) shot up 10% during trading on Wednesday . The stock traded as high as GBX 21.03 and last traded at GBX 20.85. 1,926,908 shares changed hands during trading, an increase of 536% from the average session volume of 303,005 shares. The stock had previously closed at GBX 18.95.

iomart Group Price Performance

The company has a debt-to-equity ratio of 196.45, a current ratio of 0.87 and a quick ratio of 1.18. The stock’s fifty day moving average is GBX 13.91 and its 200-day moving average is GBX 18.06. The stock has a market cap of £23.63 million, a PE ratio of -0.39 and a beta of 0.45.

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).