Gamma Communications (LON:GAMA) Earns Buy Rating from Shore Capital

Gamma Communications (LON:GAMA)‘s stock had its “buy” rating reissued by Shore Capital in a report issued on Tuesday, Marketbeat.com reports.

Other equities analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Gamma Communications from GBX 2,250 ($27.54) to GBX 2,300 ($28.15) and gave the stock a “buy” rating in a research report on Monday, September 16th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,900 ($23.26) price target on shares of Gamma Communications in a research note on Tuesday.

Gamma Communications Price Performance

LON GAMA opened at GBX 1,382 ($16.92) on Tuesday. The business’s fifty day moving average is GBX 1,560.89 and its 200 day moving average is GBX 1,555.48. Gamma Communications has a fifty-two week low of GBX 1,090 ($13.34) and a fifty-two week high of GBX 1,917.60 ($23.47). The company has a debt-to-equity ratio of 2.09, a quick ratio of 2.45 and a current ratio of 2.78. The company has a market capitalization of £1.32 billion, a PE ratio of 2,382.76, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82.

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.