Gamma Communications (LON:GAMA) Given Buy Rating at 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 on Tuesday,Digital Look reports.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,900 ($24.55) target price on shares of Gamma Communications in a research report on Tuesday, January 14th.

Gamma Communications Trading Up 4.1 %

Gamma Communications stock opened at GBX 1,256 ($16.23) on Tuesday. The firm has a 50 day simple moving average of GBX 1,322.64 and a 200-day simple moving average of GBX 1,502.72. 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 capitalization of £1.20 billion, a PE ratio of 21.42, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82. Gamma Communications has a 12-month low of GBX 1,192.95 ($15.41) and a 12-month high of GBX 1,917.60 ($24.78).

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.