Iomart Group Plc (LON:IOM) insider Scott Cunningham bought 4,000 shares of the company’s stock in a transaction on Wednesday, June 19th. The stock was bought at an average cost of GBX 325 ($4.25) per share, for a total transaction of £13,000 ($16,986.80).
Shares of LON:IOM traded down GBX 9.50 ($0.12) during midday trading on Friday, reaching GBX 320 ($4.18). 210,458 shares of the company’s stock traded hands, compared to its average volume of 113,357. Iomart Group Plc has a one year low of GBX 306 ($4.00) and a one year high of GBX 475 ($6.21). The stock’s 50 day moving average price is GBX 341.44. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 47.24. The company has a market capitalization of $358.62 million and a P/E ratio of 27.59.
The company also recently announced a dividend, which will be paid on Thursday, September 5th. Shareholders of record on Thursday, August 15th will be issued a GBX 5.01 ($0.07) dividend. This is an increase from Iomart Group’s previous dividend of $2.45. The ex-dividend date of this dividend is Thursday, August 15th. This represents a yield of 1.41%. Iomart Group’s dividend payout ratio is currently 0.60%.
Iomart Group Company Profile
iomart Group plc provides managed cloud services in the United Kingdom and internationally. It operates through two segments, Cloud Services and Easyspace. The company offers a range of domain names, shared, dedicated and virtual servers, and email services to micro and SME markets. It also provides managed cloud computing facilities and services through a network of owned datacenters to larger SME and corporate markets; and data storage, backup, and virtualization solutions.
Recommended Story: What are the advantages to having securities held in street name?
Receive News & Ratings for Iomart Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iomart Group and related companies with MarketBeat.com's FREE daily email newsletter.