Gamma Communications (LON:GAMA) Hits New 1-Year Low - Should You Sell?

Gamma Communications plc (LON:GAMA - Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 1,095.86 ($14.71) and last traded at GBX 1,108 ($14.87), with a volume of 2552860 shares. The stock had previously closed at GBX 1,144 ($15.36).

Analyst Upgrades and Downgrades

Several brokerages have recently commented on GAMA. Shore Capital reaffirmed a "buy" rating on shares of Gamma Communications in a research note on Friday, May 2nd. Berenberg Bank upped their price target on Gamma Communications from GBX 1,900 ($25.51) to GBX 2,000 ($26.85) and gave the stock a "buy" rating in a report on Tuesday, April 8th.

Gamma Communications Price Performance

The company has a 50-day moving average of GBX 1,230.19 and a 200-day moving average of GBX 1,320.60. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.45 and a current ratio of 2.78. The stock has a market cap of £1.07 billion, a price-to-earnings ratio of 19.00, a PEG ratio of 2.79 and a beta of 0.82.

Gamma Communications (LON:GAMA - Get Free Report) last announced its quarterly earnings data on Tuesday, March 25th. The company reported GBX 85.10 ($1.14) earnings per share (EPS) for the quarter. Gamma Communications had a net margin of 10.29% and a return on equity of 16.09%. As a group, equities research analysts predict that Gamma Communications plc will post 89.6398892 earnings per share for the current year.

Gamma Communications Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 19th. Shareholders of record on Thursday, May 29th were given a dividend of GBX 13 ($0.17) per share. The ex-dividend date was Thursday, May 29th. This represents a yield of 1.03%. This is a boost from Gamma Communications's previous dividend of $6.50. Gamma Communications's payout ratio is presently 30.70%.

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.

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