Gamma Communications (LON:GAMA) Reaches New 1-Year Low – What’s Next?

Gamma Communications plc (LON:GAMA)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 687 and last traded at GBX 703, with a volume of 446214 shares trading hands. The stock had previously closed at GBX 701.

Analyst Ratings Changes

A number of research firms have recently commented on GAMA. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,570 price objective on shares of Gamma Communications in a research note on Tuesday, March 24th. Shore Capital Group restated a “buy” rating on shares of Gamma Communications in a research note on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft lowered their target price on Gamma Communications from GBX 1,460 to GBX 1,400 and set a “buy” rating on the stock in a report on Friday, March 27th. Finally, Citigroup dropped their price target on Gamma Communications from GBX 1,420 to GBX 1,400 and set a “buy” rating on the stock in a research report on Thursday, January 15th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 1,538.

Gamma Communications Trading Down 0.7%

The company has a current ratio of 1.40, a quick ratio of 2.45 and a debt-to-equity ratio of 13.12. The stock has a market capitalization of £665.10 million, a P/E ratio of 10.46, a P/E/G ratio of 2.79 and a beta of 0.65. The business’s fifty day simple moving average is GBX 866.41 and its two-hundred day simple moving average is GBX 920.85.

Gamma Communications (LON:GAMA) last posted its quarterly earnings data on Tuesday, March 24th. The company reported GBX 69.50 earnings per share (EPS) for the quarter. Gamma Communications had a net margin of 10.01% and a return on equity of 13.14%. As a group, analysts forecast that Gamma Communications plc will post 89.6398892 earnings per share for the current year.

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.