Shore Capital Cuts Gamma Communications (LON:GAMA) Price Target to GBX 1,500

Gamma Communications (LON:GAMA) had its price target cut by Shore Capital from GBX 1,830 to GBX 1,500 in a research note published on Monday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

Gamma Communications Price Performance

Gamma Communications stock opened at GBX 1,046 on Monday. The company has a debt-to-equity ratio of 2.08, a quick ratio of 2.45 and a current ratio of 2.78. The firm has a market cap of £963.95 million, a P/E ratio of 1,452.78, a P/E/G ratio of 2.79 and a beta of 0.82. The business’s fifty day moving average is GBX 1,092.53 and its two-hundred day moving average is GBX 1,192.66. Gamma Communications has a 52 week low of GBX 1,028 and a 52 week high of GBX 1,917.60.

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.