Gamma Communications (LON:GAMA) Hits New 52-Week High at $1,991.00

Gamma Communications plc (LON:GAMAGet Rating) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,991 ($24.59) and last traded at GBX 1,198 ($14.80), with a volume of 90449 shares trading hands. The stock had previously closed at GBX 1,170 ($14.45).

Analysts Set New Price Targets

Separately, Citigroup reissued a “buy” rating on shares of Gamma Communications in a research note on Monday, December 5th.

Gamma Communications Price Performance

The firm has a 50 day moving average of GBX 1,101.38 and a 200-day moving average of GBX 1,105.62. The company has a market cap of £1.16 billion and a P/E ratio of 1,966.67. The company has a current ratio of 2.56, a quick ratio of 2.45 and a debt-to-equity ratio of 5.24.

Gamma Communications Company Profile

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Gamma Communications plc provides communications and software services for small, medium, and large sized business. It offers strategic services, such as collaboration, cloud PBX, SIP trunking, and inbound call control services; enabling services, including ethernet, broadband, network, and mobile; and traditional call and line services.

Further Reading

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