Gamma Communications (LON:GAMA) Hits New 12-Month Low – Here’s Why

Gamma Communications plc (LON:GAMA)’s stock price hit a new 52-week low on Monday . The company traded as low as GBX 1,220 ($15.79) and last traded at GBX 1,249.89 ($16.18), with a volume of 13053 shares traded. The stock had previously closed at GBX 1,247.81 ($16.15).

Analyst Ratings Changes

A number of brokerages have recently issued reports on GAMA. Shore Capital reaffirmed a “buy” rating on shares of Gamma Communications in a report on Tuesday. Berenberg Bank restated a “buy” rating and set a GBX 1,900 ($24.60) price objective on shares of Gamma Communications in a research report on Tuesday, January 14th.

Gamma Communications Stock Performance

The business has a 50-day moving average of GBX 1,320.23 and a 200 day moving average of GBX 1,501.02. 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 company has a market cap of £1.19 billion, a PE ratio of 21.23, a PEG ratio of 2.79 and a beta of 0.82.

Gamma Communications (LON:GAMA) last released its quarterly earnings results 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%. Equities research analysts anticipate that Gamma Communications plc will post 89.6398892 EPS for the current fiscal year.

About Gamma Communications

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.