Gamma Communications (LON:GAMA) Hits New 1-Year Low – Time to Sell?

Gamma Communications plc (LON:GAMA) reached a new 52-week low on Monday . The stock traded as low as GBX 1,220 ($15.79) and last traded at GBX 1,249.89 ($16.18), with a volume of 13053 shares trading hands. The stock had previously closed at GBX 1,247.81 ($16.15).

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GAMA. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,900 ($24.60) price target on shares of Gamma Communications in a research note on Tuesday, January 14th. Shore Capital reaffirmed a “buy” rating on shares of Gamma Communications in a research report on Tuesday.

Gamma Communications Stock Performance

The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.45 and a current ratio of 2.78. The stock has a market capitalization of £1.19 billion, a P/E ratio of 21.23, a PEG ratio of 2.79 and a beta of 0.82. The business has a 50-day moving average price of GBX 1,320.23 and a 200 day moving average price of GBX 1,501.02.

Gamma Communications (LON:GAMA) last released its earnings results on Tuesday, March 25th. The company reported GBX 85.10 ($1.10) EPS for the quarter. Gamma Communications had a return on equity of 16.09% and a net margin of 10.29%. As a group, sell-side analysts forecast that Gamma Communications plc will post 89.6398892 EPS for the current fiscal 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.