Gamma Communications (LON:GAMA) Issues 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 return on equity of 16.09% and a net margin of 10.29%.

Gamma Communications Price Performance

Shares of GAMA traded down GBX 24 ($0.31) during trading hours on Thursday, reaching GBX 1,252 ($16.12). 1,406,088 shares of the company’s stock traded hands, compared to its average volume of 435,525. Gamma Communications has a 12 month low of GBX 1,192.95 ($15.36) and a 12 month high of GBX 1,917.60 ($24.69). The company has a current ratio of 2.78, a quick ratio of 2.45 and a debt-to-equity ratio of 2.08. The stock has a market cap of £1.20 billion, a PE ratio of 21.35, a price-to-earnings-growth ratio of 2.79 and a beta of 0.82. The firm’s 50 day simple moving average is GBX 1,318.07 and its 200-day simple moving average is GBX 1,499.64.

Gamma Communications Increases Dividend

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

Analyst Ratings Changes

GAMA has been the topic of a number of recent analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 1,900 ($24.46) price objective on shares of Gamma Communications in a research report on Tuesday, January 14th. Shore Capital reiterated a “buy” rating on shares of Gamma Communications in a research note on Tuesday.

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.