Gamma Communications (LON:GAMA) Hits New 12-Month Low - Time to Sell?

Gamma Communications plc (LON:GAMA - Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 1,136 ($14.98) and last traded at GBX 1,164 ($15.35), with a volume of 2575329 shares. The stock had previously closed at GBX 1,202 ($15.85).

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Shore Capital reaffirmed a "buy" rating on shares of Gamma Communications in a report on Tuesday, March 25th. Berenberg Bank upped their price objective on shares of Gamma Communications from GBX 1,900 ($25.05) to GBX 2,000 ($26.37) and gave the company a "buy" rating in a research note on Tuesday, April 8th.

Gamma Communications Stock Up 1.3 %

The company has a current ratio of 2.78, a quick ratio of 2.45 and a debt-to-equity ratio of 2.08. The firm has a market cap of £1.19 billion, a PE ratio of 21.28, a PEG ratio of 2.79 and a beta of 0.82. The company's 50 day moving average price is GBX 1,284.11 and its two-hundred day moving average price is GBX 1,452.60.

Gamma Communications (LON:GAMA - Get Free Report) last released its earnings results on Tuesday, March 25th. The company reported GBX 85.10 ($1.12) earnings per share 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 expect that Gamma Communications plc will post 89.6398892 EPS for the current fiscal year.

Gamma Communications Increases Dividend

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