Shore Capital Reaffirms “Buy” Rating for Gamma Communications (LON:GAMA)

Shore Capital reissued their buy rating on shares of Gamma Communications (LON:GAMA) in a report released on Tuesday, MarketBeat.com reports.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,900 ($24.60) target price on shares of Gamma Communications in a research note on Tuesday, January 14th.

Gamma Communications Price Performance

GAMA stock opened at GBX 1,255.76 ($16.26) on Tuesday. 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 market cap of £1.20 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.79 and a beta of 0.82. The company’s fifty day simple moving average is GBX 1,320.23 and its 200 day simple moving average is GBX 1,501.02. Gamma Communications has a 12-month low of GBX 1,192.95 ($15.44) and a 12-month high of GBX 1,917.60 ($24.83).

Gamma Communications (LON:GAMA) last announced its quarterly earnings data on Tuesday, March 25th. The company reported GBX 85.10 ($1.10) EPS for the quarter. Gamma Communications had a net margin of 10.29% and a return on equity of 16.09%. On average, analysts expect that Gamma Communications will post 89.6398892 earnings per share for the current year.

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.