Gamma Communications (LON:GAMA) Announces Quarterly Earnings Results

Gamma Communications (LON:GAMA) issued 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 Trading Down 1.4 %

LON:GAMA traded down GBX 18 ($0.23) on Thursday, reaching GBX 1,258 ($16.20). 1,701,945 shares of the company’s stock were exchanged, compared to its average volume of 440,375. The firm has a market capitalization of £1.20 billion, a price-to-earnings ratio of 21.45, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82. Gamma Communications has a 52-week low of GBX 1,192.95 ($15.36) and a 52-week high of GBX 1,917.60 ($24.69). The company has a quick ratio of 2.45, a current ratio of 2.78 and a debt-to-equity ratio of 2.08. The business has a fifty day moving average of GBX 1,318.07 and a 200-day moving average of GBX 1,499.64.

Gamma Communications Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, June 19th. Investors of record on Thursday, May 29th will be issued a dividend of GBX 13 ($0.17) per share. This represents a yield of 1.03%. This is a boost from Gamma Communications’s previous dividend of $6.50. The ex-dividend date of this dividend is Thursday, May 29th. Gamma Communications’s dividend payout ratio (DPR) is 30.70%.

Analysts Set New Price Targets

A number of research firms recently commented on GAMA. Shore Capital reiterated a “buy” rating on shares of Gamma Communications in a report on Tuesday. Berenberg Bank reissued a “buy” rating and set a GBX 1,900 ($24.46) price objective on shares of Gamma Communications in a research report on Tuesday, January 14th.

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.