Shore Capital reiterated their buy rating on shares of Gamma Communications (LON:GAMA - Free Report) in a research note published on Tuesday, Marketbeat reports.
Other research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of Gamma Communications from GBX 2,250 ($27.47) to GBX 2,300 ($28.08) and gave the stock a "buy" rating in a research note on Monday, September 16th. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,900 ($23.20) price target on shares of Gamma Communications in a research note on Tuesday.
Check Out Our Latest Stock Report on Gamma Communications
Gamma Communications Stock Performance
GAMA traded down GBX 32 ($0.39) during trading on Tuesday, reaching GBX 1,376 ($16.80). 328,399 shares of the company's stock were exchanged, compared to its average volume of 444,803. Gamma Communications has a fifty-two week low of GBX 1,072 ($13.09) and a fifty-two week high of GBX 1,917.60 ($23.41). The company has a market capitalization of £1.32 billion, a P/E ratio of 2,372.41, a PEG ratio of 2.79 and a beta of 0.82. The company has a quick ratio of 2.45, a current ratio of 2.78 and a debt-to-equity ratio of 2.09. The business has a 50 day moving average price of GBX 1,565.01 and a 200 day moving average price of GBX 1,555.77.
Gamma Communications Company Profile
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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.
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