Gamma Communications (OTCMKTS:GAMCF) Stock Price Down 23.9% – Here’s Why

Gamma Communications plc (OTCMKTS:GAMCFGet Free Report) shares dropped 23.9% on Friday . The stock traded as low as $9.59 and last traded at $9.59. Approximately 331 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 2,250 shares. The stock had previously closed at $12.5943.

Gamma Communications Stock Performance

The firm’s fifty day moving average is $13.06 and its 200 day moving average is $13.11.

Gamma Communications Company Profile

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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.

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