Gamma Communications (LON:GAMA) Receives Buy Rating from Shore Capital

Gamma Communications (LON:GAMA - Get Free Report)'s stock had its "buy" rating restated by equities researchers at Shore Capital in a report released on Tuesday, MarketBeat.com reports.

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 1,900 ($24.59) price target on shares of Gamma Communications in a research note on Tuesday, January 14th.

Gamma Communications Price Performance

Shares of GAMA stock traded down GBX 32 ($0.41) during mid-day trading on Tuesday, hitting GBX 1,232 ($15.95). The company had a trading volume of 479,391 shares, compared to its average volume of 448,976. The stock's 50 day moving average price is GBX 1,315.27 and its 200-day moving average price is GBX 1,496.12. Gamma Communications has a 52-week low of GBX 1,192.95 ($15.44) and a 52-week high of GBX 1,917.60 ($24.82). The company has a market capitalization of £1.18 billion, a P/E ratio of 21.01, a P/E/G ratio of 2.79 and a beta of 0.82. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.78 and a quick ratio of 2.45.

Gamma Communications (LON:GAMA - Get Free Report) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 85.10 ($1.10) earnings per share (EPS) for the quarter. Gamma Communications had a net margin of 10.29% and a return on equity of 16.09%. Equities research analysts forecast that Gamma Communications will post 89.6398892 earnings per share for the current year.

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Gamma Communications Company Profile

Gamma Communications plc, together with its subsidiaries, engages in the provision of technology-based communications and software services for small, medium, and large sized to businesses in Western Europe. The company offers Unified Communications as a Service products for enabling businesses to raise productivity, boost agility, and increase collaboration; Contact Centre as a Service, through a software platform that allows contact centres to operate over the internet for SMEs and Enterprise; and Direct Routing and Operator Connect services, designed to enable seamless and integrated calling between Teams and the local telephony infrastructure.