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The latest announcement is out from Iomart Group plc ( (GB:IOM) ).
Iomart Group plc announced that Kathryn Lamont, a Non-Executive Director, has purchased 53,000 ordinary shares, increasing her total shareholding to 60,000 shares, representing 0.053% of the company’s total voting rights. This transaction, conducted on the London Stock Exchange’s AIM Market, reflects a personal investment by a board member, potentially signaling confidence in the company’s future prospects.
The most recent analyst rating on (GB:IOM) stock is a Hold with a £21.50 price target. To see the full list of analyst forecasts on Iomart Group plc stock, see the GB:IOM Stock Forecast page.
Spark’s Take on GB:IOM Stock
According to Spark, TipRanks’ AI Analyst, GB:IOM is a Neutral.
Iomart Group plc’s overall stock score is primarily impacted by its poor financial performance, characterized by declining profitability and increased financial leverage. Technical analysis further indicates bearish trends, while valuation concerns are somewhat mitigated by a high dividend yield.
To see Spark’s full report on GB:IOM stock, click here.
More about Iomart Group plc
Iomart Group plc is a company specializing in secure cloud services. It operates within the technology sector, offering cloud computing solutions with a focus on security and reliability.
Average Trading Volume: 477,424
Technical Sentiment Signal: Sell
Current Market Cap: £21.09M
Learn more about IOM stock on TipRanks’ Stock Analysis page.