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Iomart Group's share price dropped 16.1%, though analysts still recommend buying the stock.
Iomart Group, a UK-based cloud services provider, saw its share price drop by 16.1% on February 7th, closing at GBX 26.50 ($0.35) after previously closing at GBX 31.60 ($0.42).
Despite the decline, a recent report reaffirmed a "buy" rating on the shares.
The company has a market cap of £31.21 million, a P/E ratio of 4.81, and a beta of 0.58.
The stock traded at a low of GBX 24.81 ($0.33) during the day, with trading volume increasing by 257% from the average.
Iomart Group also pays a dividend of GBX 1.30 ($0.02) per share, with a payout ratio of 90.68%.
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El precio de las acciones de Iomart Group cayó un 16,1%, aunque los analistas todavía recomiendan comprar las acciones.