iomart Group (LON:IOM) Stock Rating Reaffirmed by Shore Capital

iomart Group (LON:IOM)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a research report issued on Friday, Marketbeat.com reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 185 ($2.47) price objective on shares of iomart Group in a research report on Monday, June 10th.

iomart Group Price Performance

LON:IOM opened at GBX 94 ($1.26) on Friday. The company has a debt-to-equity ratio of 47.08, a current ratio of 1.03 and a quick ratio of 1.18. iomart Group has a one year low of GBX 92.20 ($1.23) and a one year high of GBX 166.20 ($2.22). The company has a fifty day moving average price of GBX 118.83 and a 200 day moving average price of GBX 129.31. The stock has a market cap of £105.67 million, a P/E ratio of 1,566.67 and a beta of 0.58.

About iomart Group

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.