Gamma Communications (LON:GAMA) Receives “Buy” Rating from Shore Capital

Shore Capital restated their buy rating on shares of Gamma Communications (LON:GAMA) in a research report sent to investors on Tuesday, MarketBeat Ratings reports.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,900 ($24.60) price objective on shares of Gamma Communications in a research report on Tuesday, January 14th.

Gamma Communications Stock Up 4.1 %

Shares of LON:GAMA opened at GBX 1,255.76 ($16.26) on Tuesday. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.78 and a quick ratio of 2.45. The stock has a market cap of £1.20 billion, a price-to-earnings ratio of 21.41, a P/E/G ratio of 2.79 and a beta of 0.82. The company has a 50 day moving average of GBX 1,320.23 and a 200-day moving average of GBX 1,501.02. Gamma Communications has a one year low of GBX 1,192.95 ($15.44) and a one year high of GBX 1,917.60 ($24.83).

Gamma Communications (LON:GAMA) last released its earnings results on Tuesday, March 25th. The company reported GBX 85.10 ($1.10) earnings per share for the quarter. Gamma Communications had a return on equity of 16.09% and a net margin of 10.29%. On average, sell-side analysts forecast that Gamma Communications 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.