Gamma Communications (LON:GAMA) Hits New 12-Month Low – Should You Sell?

Gamma Communications plc (LON:GAMA)’s share price reached a new 52-week low on Thursday . The stock traded as low as GBX 846 and last traded at GBX 848, with a volume of 35020 shares changing hands. The stock had previously closed at GBX 855.

Wall Street Analysts Forecast Growth

Separately, Citigroup dropped their price target on Gamma Communications from GBX 1,420 to GBX 1,400 and set a “buy” rating for the company in a research report on Thursday, January 15th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 1,572.50.

Gamma Communications Stock Performance

The company has a quick ratio of 2.45, a current ratio of 1.22 and a debt-to-equity ratio of 17.72. The stock has a fifty day moving average price of GBX 892.07 and a two-hundred day moving average price of GBX 937.78. The company has a market capitalization of £785.11 million, a price-to-earnings ratio of 12.35, a PEG ratio of 2.79 and a beta of 0.65.

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.