Gamma Communications (LON:GAMA) Sets New 52-Week Low – Should You Sell?

Gamma Communications plc (LON:GAMA) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 855 and last traded at GBX 856.35, with a volume of 26737 shares traded. The stock had previously closed at GBX 870.

Analyst Ratings Changes

A number of brokerages have recently weighed in on GAMA. Citigroup cut their target price on shares of Gamma Communications from GBX 1,420 to GBX 1,400 and set a “buy” rating on the stock in a research note on Thursday, January 15th. Peel Hunt reissued a “buy” rating and issued a GBX 1,820 price target on shares of Gamma Communications in a research note on Thursday, November 13th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 1,572.50.

Gamma Communications Stock Performance

The company has a market capitalization of £781.44 million, a PE ratio of 12.29, a price-to-earnings-growth ratio of 2.79 and a beta of 0.65. The company has a current ratio of 1.22, a quick ratio of 2.45 and a debt-to-equity ratio of 17.72. The business’s fifty day moving average is GBX 896.11 and its two-hundred day moving average is GBX 947.39.

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.