Gamma Communications plc (LON:GAMA - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 1,140.89 ($15.07) and traded as low as GBX 1,066 ($14.08). Gamma Communications shares last traded at GBX 1,078 ($14.24), with a volume of 716,389 shares changing hands.
Wall Street Analyst Weigh In
GAMA has been the subject of a number of research reports. Berenberg Bank upped their target price on shares of Gamma Communications from GBX 1,900 ($25.10) to GBX 2,000 ($26.42) and gave the stock a "buy" rating in a research report on Tuesday, April 8th. Shore Capital reaffirmed a "buy" rating on shares of Gamma Communications in a research note on Friday, May 2nd.
Check Out Our Latest Stock 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 capitalization of £1.03 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82. The firm's fifty day moving average price is GBX 1,136.69 and its two-hundred day moving average price is GBX 1,236.10.
About Gamma Communications
(
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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.
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