Shore Capital Reiterates Buy Rating for Gamma Communications (LON:GAMA)

Gamma Communications (LON:GAMAGet Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Shore Capital in a research note issued on Tuesday,Digital Look reports.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,900 ($23.98) target price on shares of Gamma Communications in a report on Tuesday, January 14th.

Check Out Our Latest Report on GAMA

Gamma Communications Price Performance

Shares of GAMA stock traded up GBX 18 ($0.23) during mid-day trading on Tuesday, hitting GBX 1,326 ($16.73). 483,532 shares of the stock were exchanged, compared to its average volume of 322,151. The company has a market cap of £1.27 billion, a PE ratio of 22.61, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82. Gamma Communications has a 52-week low of GBX 1,212 ($15.30) and a 52-week high of GBX 1,917.60 ($24.20). The firm has a fifty day moving average of GBX 1,412.29 and a 200 day moving average of GBX 1,533.36. The company has a quick ratio of 2.45, a current ratio of 2.78 and a debt-to-equity ratio of 2.08.

About Gamma Communications

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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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