Gamma Communications (LON:GAMA – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 85.10 ($1.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Gamma Communications had a return on equity of 16.09% and a net margin of 10.29%.
Gamma Communications Stock Performance
LON GAMA traded up GBX 50 ($0.65) during trading hours on Tuesday, hitting GBX 1,256 ($16.23). The company’s stock had a trading volume of 2,292,501 shares, compared to its average volume of 391,128. Gamma Communications has a 12 month low of GBX 1,192.95 ($15.41) and a 12 month high of GBX 1,917.60 ($24.78). The company’s 50 day simple moving average is GBX 1,322.64 and its two-hundred day simple moving average is GBX 1,502.72. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.78 and a quick ratio of 2.45. The company has a market cap of £1.20 billion, a P/E ratio of 21.42, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,900 ($24.55) target price on shares of Gamma Communications in a report on Tuesday, January 14th. Shore Capital restated a “buy” rating on shares of Gamma Communications in a report on Tuesday.
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.
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