Gamma Communications plc (LON:GAMA - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The company traded as low as GBX 1,039.80 ($13.79) and last traded at GBX 1,170 ($15.52), with a volume of 2586807 shares. The stock had previously closed at GBX 1,304 ($17.30).
Analyst Upgrades and Downgrades
A number of equities analysts have commented on GAMA shares. Shore Capital reissued a "buy" rating on shares of Gamma Communications in a research note on Friday, May 2nd. Berenberg Bank boosted their price target on shares of Gamma Communications from GBX 1,900 ($25.21) to GBX 2,000 ($26.53) and gave the company a "buy" rating in a report on Tuesday, April 8th.
Get Our Latest Report on GAMA
Gamma Communications Stock Performance
The company has a current ratio of 2.78, a quick ratio of 2.45 and a debt-to-equity ratio of 2.08. The stock has a market cap of £1.09 billion, a PE ratio of 19.44, a P/E/G ratio of 2.79 and a beta of 0.82. The business's 50-day moving average price is GBX 1,266.43 and its 200-day moving average price is GBX 1,403.26.
Gamma Communications (LON:GAMA - Get Free Report) last issued its quarterly earnings results on Tuesday, March 25th. The company reported GBX 85.10 ($1.13) 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 expect that Gamma Communications plc will post 89.6398892 earnings per share for the current fiscal year.
Gamma Communications Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, June 19th. Shareholders of record on Thursday, May 29th will be paid a dividend of GBX 13 ($0.17) per share. This is a positive change from Gamma Communications's previous dividend of $6.50. The ex-dividend date of this dividend is Thursday, May 29th. This represents a yield of 1.03%. Gamma Communications's dividend payout ratio is presently 30.70%.
About Gamma Communications
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Gamma Communications, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gamma Communications wasn't on the list.
While Gamma Communications currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
