Gamma Communications (LON:GAMA) Reaches New 12-Month Low - What's Next?

Shares of Gamma Communications plc (LON:GAMA - Get Free Report) reached a new 52-week low on Monday . The company traded as low as GBX 1,220 ($15.79) and last traded at GBX 1,249.89 ($16.18), with a volume of 13053 shares traded. The stock had previously closed at GBX 1,247.81 ($16.15).

Analyst Upgrades and Downgrades

Several research firms recently issued reports on GAMA. Shore Capital reaffirmed a "buy" rating on shares of Gamma Communications in a report on Tuesday. Berenberg Bank restated a "buy" rating and issued a GBX 1,900 ($24.59) target price on shares of Gamma Communications in a research note on Tuesday, January 14th.

Gamma Communications Stock Performance

The firm has a market capitalization of £1.18 billion, a price-to-earnings ratio of 21.01, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82. The company has a 50-day moving average of GBX 1,315.27 and a 200-day moving average of GBX 1,496.12. The company has a current ratio of 2.78, a quick ratio of 2.45 and a debt-to-equity ratio of 2.08.

Gamma Communications (LON:GAMA - Get Free Report) last posted 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%. On average, equities research analysts forecast that Gamma Communications plc will post 89.6398892 earnings per share for the current fiscal year.

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Gamma Communications Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, May 29th will be issued a dividend of GBX 13 ($0.17) per share. The ex-dividend date of this dividend is Thursday, May 29th. This is a positive change from Gamma Communications's previous dividend of $6.50. This represents a dividend yield of 1.03%. Gamma Communications's dividend payout ratio is 30.70%.

About Gamma Communications

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.