Gamma Communications (LON:GAMA) Issues Earnings Results

Gamma Communications (LON:GAMA) issued its quarterly earnings data on Tuesday. The company reported GBX 85.10 ($1.10) earnings per share for the quarter, Digital Look Earnings reports. Gamma Communications had a net margin of 10.29% and a return on equity of 16.09%.

Gamma Communications Trading Up 4.1 %

Shares of GAMA stock traded up GBX 50 ($0.65) on Tuesday, hitting GBX 1,256 ($16.23). 2,294,613 shares of the stock traded hands, compared to its average volume of 391,164. Gamma Communications has a twelve month low of GBX 1,192.95 ($15.41) and a twelve month high of GBX 1,917.60 ($24.78). The stock has a market capitalization of £1.20 billion, a PE ratio of 21.42, a PEG ratio of 2.79 and a beta of 0.82. The firm’s 50-day moving average price is GBX 1,322.64 and its two-hundred day moving average price is GBX 1,502.72. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.45 and a current ratio of 2.78.

Analysts Set New Price Targets

Several brokerages have commented on GAMA. Berenberg Bank reissued a “buy” rating and issued a GBX 1,900 ($24.55) price objective on shares of Gamma Communications in a report on Tuesday, January 14th. Shore Capital reissued a “buy” rating on shares of Gamma Communications in a research note on Tuesday.

Gamma Communications Company Profile

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.