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

Shore Capital reaffirmed their buy rating on shares of Gamma Communications (LON:GAMA) in a research note released on Tuesday, Marketbeat Ratings reports.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,900 ($24.08) target price on shares of Gamma Communications in a research note on Tuesday, January 14th.

Gamma Communications Stock Performance

Shares of GAMA stock opened at GBX 1,326 ($16.81) on Tuesday. The company’s fifty day simple moving average is GBX 1,412.29 and its 200-day simple moving average is GBX 1,533.36. Gamma Communications has a 52 week low of GBX 1,212 ($15.36) and a 52 week high of GBX 1,917.60 ($24.30). The company has a current ratio of 2.78, a quick ratio of 2.45 and a debt-to-equity ratio of 2.08. The company has a market cap of £1.27 billion, a PE ratio of 22.61, a P/E/G 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.