Gamma Communications plc (LON:GAMA – Get Free Report)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,293.73 ($16.11) and traded as high as GBX 1,334 ($16.61). Gamma Communications shares last traded at GBX 1,314 ($16.36), with a volume of 134,221 shares.
Wall Street Analysts Forecast Growth
Separately, Shore Capital reiterated a “buy” rating on shares of Gamma Communications in a report on Monday, March 25th.
Read Our Latest Research Report on GAMA
Gamma Communications Price Performance
Gamma Communications Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, June 20th. Shareholders of record on Thursday, May 30th will be issued a GBX 11.40 ($0.14) dividend. This is a positive change from Gamma Communications’s previous dividend of $5.70. The ex-dividend date of this dividend is Thursday, May 30th. This represents a dividend yield of 0.84%. Gamma Communications’s dividend payout ratio (DPR) is presently 3,090.91%.
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.
See Also
- Five stocks we like better than Gamma Communications
- The How and Why of Investing in Biotech Stocks
- Comprehensive PepsiCo Stock Analysis
- 3 Monster Growth Stocks to Buy Now
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- What is Forex and How Does it Work?
- 3 Steel Stocks Could Soar on New China Tariffs
Receive News & Ratings for Gamma Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gamma Communications and related companies with MarketBeat.com's FREE daily email newsletter.