iomart Group (LON:IOM) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

iomart Group plc (LON:IOM)’s stock price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 14.97 and traded as low as GBX 11.59. iomart Group shares last traded at GBX 12.05, with a volume of 862,887 shares changing hands.

iomart Group Stock Performance

The stock has a market cap of £13.69 million, a PE ratio of -1.49 and a beta of 0.88. The company has a quick ratio of 1.18, a current ratio of 0.92 and a debt-to-equity ratio of 216.82. The stock has a 50-day moving average of GBX 13.55 and a 200 day moving average of GBX 14.95.

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).