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

Gamma Communications (LON:GAMAGet Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at Shore Capital in a report released on Tuesday,Digital Look reports.

GAMA has been the subject of a number of other research reports. Berenberg Bank reissued a “buy” rating and issued a GBX 1,900 ($23.25) price objective on shares of Gamma Communications in a research report on Tuesday. Deutsche Bank Aktiengesellschaft raised their price objective on Gamma Communications from GBX 2,250 ($27.53) to GBX 2,300 ($28.14) and gave the stock a “buy” rating in a research report on Monday, September 16th.

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Gamma Communications Stock Down 2.3 %

Gamma Communications stock traded down GBX 32 ($0.39) during mid-day trading on Tuesday, reaching GBX 1,376 ($16.84). 328,399 shares of the company were exchanged, compared to its average volume of 444,803. The business has a fifty day moving average of GBX 1,569.24 and a 200 day moving average of GBX 1,556.09. The company has a debt-to-equity ratio of 2.09, a quick ratio of 2.45 and a current ratio of 2.78. The firm has a market cap of £1.32 billion, a P/E ratio of 2,372.41, a PEG ratio of 2.79 and a beta of 0.82. Gamma Communications has a 12-month low of GBX 1,072 ($13.12) and a 12-month high of GBX 1,917.60 ($23.47).

Gamma Communications Company Profile

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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.

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