Gamma Communications (LON:GAMA) Issues Earnings Results

Gamma Communications (LON:GAMA) posted its earnings results on Tuesday. The company reported GBX 69.50 EPS for the quarter, Digital Look Earnings reports. Gamma Communications had a return on equity of 13.77% and a net margin of 11.03%.

Gamma Communications Price Performance

Shares of LON GAMA traded down GBX 70.50 during trading on Tuesday, hitting GBX 761.50. The company had a trading volume of 1,756,351 shares, compared to its average volume of 2,701,731. Gamma Communications has a 52 week low of GBX 750 and a 52 week high of GBX 1,376. The business’s 50-day moving average is GBX 891.23 and its 200 day moving average is GBX 934.91. The company has a market cap of £697.62 million, a P/E ratio of 10.97, a PEG ratio of 2.79 and a beta of 0.65. The company has a debt-to-equity ratio of 17.72, a quick ratio of 2.45 and a current ratio of 1.22.

Analyst Ratings Changes

GAMA has been the subject of several recent analyst reports. Citigroup decreased their price target on Gamma Communications from GBX 1,420 to GBX 1,400 and set a “buy” rating for the company in a research note on Thursday, January 15th. Berenberg Bank restated a “buy” rating and set a GBX 1,570 price objective on shares of Gamma Communications in a research note on Tuesday. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 1,572.50.

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.