Gamma Communications plc (LON:GAMA - Get Free Report) hit a new 52-week low on Wednesday . The company traded as low as GBX 1,078 ($14.48) and last traded at GBX 1,086 ($14.58), with a volume of 400918 shares traded. The stock had previously closed at GBX 1,108 ($14.88).
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on GAMA. Berenberg Bank boosted their price target on Gamma Communications from GBX 1,900 ($25.51) to GBX 2,000 ($26.86) and gave the stock a "buy" rating in a research report on Tuesday, April 8th. Shore Capital reissued a "buy" rating on shares of Gamma Communications in a research report on Friday, May 2nd.
View Our Latest Stock Report on GAMA
Gamma Communications Trading Up 1.3%
The company has a market cap of £1.05 billion, a P/E ratio of 18.76, a PEG ratio of 2.79 and a beta of 0.82. The business has a fifty day moving average price of GBX 1,162.13 and a 200-day moving average price of GBX 1,264. The company has a quick ratio of 2.45, a current ratio of 2.78 and a debt-to-equity ratio of 2.08.
Gamma Communications Company Profile
(
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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
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