Gamma Communications (LON:GAMA) Releases Earnings Results

Gamma Communications (LON:GAMA) released its earnings results on Tuesday. The company reported GBX 85.10 ($1.10) EPS for the quarter, Digital Look Earnings reports. Gamma Communications had a net margin of 10.29% and a return on equity of 16.09%.

Gamma Communications Price Performance

Shares of GAMA stock opened at GBX 1,266 ($16.39) on Wednesday. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.78 and a quick ratio of 2.45. Gamma Communications has a 1-year low of GBX 1,192.95 ($15.44) and a 1-year high of GBX 1,917.60 ($24.83). The firm has a fifty day moving average of GBX 1,320.23 and a two-hundred day moving average of GBX 1,501.02. The firm has a market cap of £1.21 billion, a P/E ratio of 21.59, a P/E/G ratio of 2.79 and a beta of 0.82.

Wall Street Analysts Forecast Growth

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

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.