Gamma Communications (LON:GAMA) Issues Earnings Results

Gamma Communications (LON:GAMA) posted its earnings results on Tuesday. The company reported GBX 85.10 ($1.10) EPS 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 Stock Up 4.1 %

LON:GAMA traded up GBX 50 ($0.65) during mid-day trading on Tuesday, hitting GBX 1,256 ($16.23). 2,292,501 shares of the company’s stock were exchanged, compared to its average volume of 391,128. The company has a market cap of £1.20 billion, a PE ratio of 21.42, 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 one year low of GBX 1,192.95 ($15.41) and a one year high of GBX 1,917.60 ($24.78). The business has a fifty day moving average price of GBX 1,322.64 and a 200 day moving average price of GBX 1,502.72.

Analyst Upgrades and Downgrades

GAMA has been the subject of several research analyst reports. Shore Capital restated a “buy” rating on shares of Gamma Communications in a report on Tuesday. Berenberg Bank restated a “buy” rating and issued a GBX 1,900 ($24.55) target price on shares of Gamma Communications in a research note on Tuesday, January 14th.

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.