Separately, FinnCap reaffirmed a corporate rating and set a GBX 360 ($4.70) price target on shares of Iomart Group Plc in a research report on Monday, August 15th.
Shares of Iomart Group Plc (LON:IOM) opened at 283.00 on Friday. The company’s market capitalization is GBX 302.29 million. Iomart Group Plc has a one year low of GBX 210.00 and a one year high of GBX 320.00. The company’s 50-day moving average price is GBX 293.76 and its 200-day moving average price is GBX 278.80.
In other Iomart Group Plc news, insider Logan,Richard sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, August 25th. The stock was sold at an average price of GBX 310 ($4.05), for a total transaction of £6,200 ($8,092.94). Also, insider Haran,Sarah sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 31st. The stock was sold at an average price of GBX 295 ($3.85), for a total value of £8,850 ($11,552.02).
About Iomart Group Plc
iomart Group plc (iomart) is a United Kingdom-based company. The Company is engaged in provision of cloud computing and managed hosting services. The Group specializes in the design, delivery and management of business-critical hosting services. The Company operates in two segments: Easyspace and Hosting.
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