Shore Capital Reaffirms Buy Rating for Gamma Communications (LON:GAMA)

Gamma Communications (LON:GAMA)‘s stock had its “buy” rating restated by research analysts at Shore Capital in a note issued to investors on Tuesday, MarketBeat Ratings reports.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,900 ($24.46) price objective on shares of Gamma Communications in a report on Tuesday, January 14th.

Gamma Communications Price Performance

GAMA opened at GBX 1,274 ($16.40) on Tuesday. The company’s 50-day simple moving average is GBX 1,318.07 and its two-hundred day simple moving average is GBX 1,499.64. Gamma Communications has a 52-week low of GBX 1,192.95 ($15.36) and a 52-week high of GBX 1,917.60 ($24.69). The stock has a market capitalization of £1.22 billion, a P/E ratio of 21.73, a P/E/G ratio of 2.79 and a beta of 0.82. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.45 and a current ratio of 2.78.

Gamma Communications (LON:GAMA) last issued its 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%. As a group, analysts predict that Gamma Communications will post 89.6398892 EPS 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.