Gamma Communications (LON:GAMA) Sets New 52-Week Low – Should You Sell?

Shares of Gamma Communications plc (LON:GAMA) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 855 and last traded at GBX 856.35, with a volume of 26737 shares traded. The stock had previously closed at GBX 870.

Analyst Ratings Changes

GAMA has been the subject of several analyst reports. Citigroup cut their price target on Gamma Communications from GBX 1,420 to GBX 1,400 and set a “buy” rating for the company in a report on Thursday, January 15th. Peel Hunt restated a “buy” rating and set a GBX 1,820 price objective on shares of Gamma Communications in a report on Thursday, November 13th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 1,572.50.

Gamma Communications Stock Performance

The firm has a market capitalization of £801.60 million, a PE ratio of 12.61, a price-to-earnings-growth ratio of 2.79 and a beta of 0.65. The company has a debt-to-equity ratio of 17.72, a quick ratio of 2.45 and a current ratio of 1.22. The company’s fifty day moving average price is GBX 894.01 and its two-hundred day moving average price is GBX 946.33.

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.