Gamma Communications (LON:GAMA) Earns Buy Rating from Shore Capital

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

Several other equities research analysts have also recently weighed in on GAMA. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,900 ($23.26) price target on shares of Gamma Communications in a research note on Tuesday. Deutsche Bank Aktiengesellschaft increased their price target on shares of Gamma Communications from GBX 2,250 ($27.54) to GBX 2,300 ($28.15) and gave the company a “buy” rating in a report on Monday, September 16th.

Gamma Communications Stock Up 0.4 %

Shares of Gamma Communications stock opened at GBX 1,382 ($16.92) on Tuesday. Gamma Communications has a 12-month low of GBX 1,090 ($13.34) and a 12-month high of GBX 1,917.60 ($23.47). The company has a current ratio of 2.78, a quick ratio of 2.45 and a debt-to-equity ratio of 2.09. The company’s fifty day simple moving average is GBX 1,560.89 and its two-hundred day simple moving average is GBX 1,555.48. The company has a market cap of £1.32 billion, a P/E ratio of 2,382.76, a PEG ratio of 2.79 and a beta of 0.82.

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.