Gamma Communications (LON:GAMA) Insider Martin Hellawell Purchases 2,650 Shares

Gamma Communications plc (LON:GAMA) insider Martin Hellawell acquired 2,650 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were bought at an average cost of GBX 945 per share, with a total value of £25,042.50.

Gamma Communications Stock Performance

LON:GAMA traded down GBX 31 during midday trading on Tuesday, reaching GBX 923. The stock had a trading volume of 8,718,412 shares, compared to its average volume of 706,958. The company has a quick ratio of 2.45, a current ratio of 2.78 and a debt-to-equity ratio of 2.08. The firm has a fifty day simple moving average of GBX 990.82 and a two-hundred day simple moving average of GBX 1,087.12. The stock has a market cap of £850.64 million, a P/E ratio of 13.30, a P/E/G ratio of 2.79 and a beta of 0.82. Gamma Communications plc has a 12-month low of GBX 923 and a 12-month high of GBX 1,734.

Gamma Communications (LON:GAMA) last released its earnings results on Tuesday, September 9th. The company reported GBX 48 EPS for the quarter. Gamma Communications had a return on equity of 16.09% and a net margin of 10.29%. On average, equities analysts expect that Gamma Communications plc will post 89.6398892 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Shore Capital reaffirmed a “buy” rating and issued a GBX 1,500 target price on shares of Gamma Communications in a research note on Tuesday, September 9th. Berenberg Bank reissued a “buy” rating and set a GBX 1,570 price target on shares of Gamma Communications in a research note on Friday, October 17th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 1,820 price objective on shares of Gamma Communications in a report on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,630.

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.