iomart Group plc (IOM) To Go Ex-Dividend on January 9th

iomart Group plc (LON:IOM) declared a dividend on Thursday, November 27th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 1.30 ($0.02) per share on Friday, January 31st. This represents a dividend yield of 1.38%. The ex-dividend date is Thursday, January 9th. The official announcement can be viewed at this link.

iomart Group Stock Up 3.7 %

Shares of IOM opened at GBX 79.25 ($0.99) on Tuesday. The company has a quick ratio of 1.18, a current ratio of 1.03 and a debt-to-equity ratio of 47.08. The company has a 50-day moving average price of GBX 86.99 and a two-hundred day moving average price of GBX 105.85. The stock has a market cap of £89.08 million, a price-to-earnings ratio of 1,320.83 and a beta of 0.58. iomart Group has a 12 month low of GBX 71 ($0.89) and a 12 month high of GBX 159.80 ($2.00).

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “buy” rating on shares of iomart Group in a research note on Wednesday, December 4th.

Insider Activity

In other iomart Group news, insider Annette Nabavi bought 5,500 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was bought at an average price of GBX 91 ($1.14) per share, for a total transaction of £5,005 ($6,261.73). 23.15% of the stock is currently owned by corporate insiders.

About iomart Group

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).