iomart Group plc (LON:IOM) Plans GBX 1.30 Dividend

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

iomart Group Trading Up 2.2 %

Shares of IOM stock opened at GBX 93 ($1.18) on Thursday. iomart Group has a 12-month low of GBX 73 ($0.93) and a 12-month high of GBX 166.20 ($2.11). The company has a market capitalization of £104.54 million, a P/E ratio of 1,546.67 and a beta of 0.58. The firm has a 50-day moving average price of GBX 95.73 and a 200 day moving average price of GBX 117.18. The company has a quick ratio of 1.18, a current ratio of 1.03 and a debt-to-equity ratio of 47.08.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of iomart Group in a report on Friday, October 4th.

iomart Group Company Profile

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.