You are here

Prices & Quotes - UK Markets - Iomart Group (IOM)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 224.50p
Change Today:
-0.50p
Market Cap:
245.99m
Sector:
Software & Computer Services

Iomart pours 2.0m into next-gen routing technology

By Iain Gilbert

Date: Wednesday 17 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Cloud computing company Iomart said on Wednesday that it had made plans to majorly expand its network capacity in order to see future demand.
Iomart said it had invested nearly 2.0m into next-generation core routing technology from Cisco, which will provide 100gb capacity on its network with the ability to scale to 400gb.

As a result, Iomart said its customers would benefit from "faster, even more reliable connections" to support their data and applications.

The AIM-listed firm highlighted that the investment followed "a noticeable increase" in internet traffic due to Covid-19, with Iomart committed to increasing its ability as a service provider in order to anticipate future demand.

Chief executive Reece Donovan said: "This is a significant investment that supports our growth strategy and underlines our commitment to provide businesses with the services they need to support their future operations.

"The investment ensures our customers will have the ability to deliver content and services faster than ever and without disruption."

As of 0935 GMT, Iomart shares were up 0.46% at 327.50p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Iomart Group Market Data

Currency UK Pounds
Price 224.50p
Change Today -0.50p
52 Week High 375.00p
52 Week Low 222.00p
Volume 56,965
Shares Issued 109.57m
Market Cap 245.99m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Price Trend
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Growth
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Dividend Yield
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
EPS Growth
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 1
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Iomart Group Dividends

  Latest Previous
  Final Interim
Ex-Div 12-Aug-21 07-Jan-21
Paid 03-Sep-21 29-Jan-21
Amount 4.50p 2.60p

Trades for 17-Sep-2021

Time Volume / Share Price
14:48 45 @ 224.50p
14:41 0 @ 225.00p
14:41 763 @ 224.50p
14:38 0 @ 225.00p
14:33 1 @ 224.45p

Iomart Group Key Personnel

CEO Reece Donovan