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

Gamma Communications plc (LON:GAMA) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 1,136 ($14.87) and last traded at GBX 1,164 ($15.24), with a volume of 2575329 shares trading hands. The stock had previously closed at GBX 1,202 ($15.73).

Analysts Set New Price Targets

GAMA has been the topic of a number of research analyst reports. Shore Capital reaffirmed a “buy” rating on shares of Gamma Communications in a report on Tuesday, March 25th. Berenberg Bank raised their price objective on Gamma Communications from GBX 1,900 ($24.87) to GBX 2,000 ($26.18) and gave the company a “buy” rating in a research note on Tuesday.

Gamma Communications Trading Up 1.0 %

The business’s 50 day simple moving average is GBX 1,286.60 and its two-hundred day simple moving average is GBX 1,457.69. The stock has a market cap of £1.15 billion, a P/E ratio of 20.43, a PEG ratio of 2.79 and a beta of 0.82. The company has a quick ratio of 2.45, a current ratio of 2.78 and a debt-to-equity ratio of 2.08.

Gamma Communications (LON:GAMA) last released its quarterly earnings data on Tuesday, March 25th. The company reported GBX 85.10 ($1.11) earnings per share for the quarter. Gamma Communications had a return on equity of 16.09% and a net margin of 10.29%. As a group, analysts expect that Gamma Communications plc will post 89.6398892 EPS for the current year.

Gamma Communications Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, June 19th. Stockholders of record on Thursday, May 29th will be issued a dividend of GBX 13 ($0.17) per share. This is a boost from Gamma Communications’s previous dividend of $6.50. This represents a dividend yield of 1.03%. The ex-dividend date is Thursday, May 29th. Gamma Communications’s payout ratio is 30.70%.

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.