Gamma Communications’ (GAMA) “Buy” Rating Reiterated at Shore Capital

Shore Capital reiterated their buy rating on shares of Gamma Communications (LON:GAMA) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,900 ($23.95) price objective on shares of Gamma Communications in a research note on Tuesday, January 14th.

Gamma Communications Price Performance

Shares of LON GAMA opened at GBX 1,334 ($16.81) on Tuesday. Gamma Communications has a one year low of GBX 1,212 ($15.28) and a one year high of GBX 1,917.60 ($24.17). 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 firm has a market capitalization of £1.28 billion, a P/E ratio of 22.75, a PEG ratio of 2.79 and a beta of 0.82. The company’s fifty day moving average is GBX 1,402.85 and its two-hundred day moving average is GBX 1,531.03.

About Gamma Communications

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.