Gamma Communications (LON:GAMA) Price Target Cut to GBX 1,500 by Analysts at Shore Capital

Gamma Communications (LON:GAMA) had its price objective lowered by Shore Capital from GBX 1,830 to GBX 1,500 in a research report sent to investors on Monday, Marketbeat Ratings reports. Shore Capital currently has a buy rating on the stock.

Gamma Communications Stock Down 0.2%

GAMA opened at GBX 1,054 on Monday. The company has a market capitalization of £971.32 million, a P/E ratio of 1,463.89, 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. The firm’s fifty day moving average price is GBX 1,096.41 and its two-hundred day moving average price is GBX 1,194.84. Gamma Communications has a fifty-two week low of GBX 1,050 and a fifty-two week high of GBX 1,917.60.

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.