Gamma Communications (LON:GAMA) Posts Quarterly Earnings Results

Gamma Communications (LON:GAMA) released 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 Trading Up 0.5 %

Shares of GAMA stock opened at GBX 1,266 ($16.39) on Wednesday. The business’s fifty day moving average price is GBX 1,320.23 and its 200 day moving average price is GBX 1,501.02. The firm has a market capitalization of £1.21 billion, a PE ratio of 21.59, a P/E/G ratio of 2.79 and a beta of 0.82. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.78 and a quick ratio of 2.45. Gamma Communications has a 1-year low of GBX 1,192.95 ($15.44) and a 1-year high of GBX 1,917.60 ($24.83).

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on GAMA shares. Berenberg Bank restated a “buy” rating and set a GBX 1,900 ($24.60) price target on shares of Gamma Communications in a research note on Tuesday, January 14th. Shore Capital restated a “buy” rating on shares of Gamma Communications in a research report 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.