Gamma Communications (GAMA) Given Add Rating at Numis Securities

Gamma Communications (LON:GAMA)‘s stock had its “add” rating reiterated by investment analysts at Numis Securities in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.

Several other equities analysts have also recently commented on GAMA. Barclays reaffirmed an “overweight” rating on shares of Gamma Communications in a research note on Wednesday, January 16th. Peel Hunt reaffirmed a “buy” rating on shares of Gamma Communications in a research note on Wednesday, January 30th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 1,014 ($13.25).

Shares of LON:GAMA opened at GBX 1,135 ($14.83) on Thursday. The company has a market cap of $1.07 billion and a P/E ratio of 37.83. Gamma Communications has a 12 month low of GBX 640 ($8.36) and a 12 month high of GBX 1,150 ($15.03). The company has a debt-to-equity ratio of 3.62, a current ratio of 2.17 and a quick ratio of 2.04.

In other Gamma Communications news, insider Andrew Jonathan Stone sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of GBX 1,095 ($14.31), for a total value of £2,190,000 ($2,861,622.89). Also, insider Henrietta Marsh purchased 1,000 shares of the business’s stock in a transaction on Monday, April 29th. The stock was bought at an average cost of GBX 1,100 ($14.37) per share, with a total value of £11,000 ($14,373.45).

Gamma Communications Company Profile

Gamma Communications plc provides voice, data, and mobile services for the business market in the United Kingdom. Its voice services include hosted phone system, horizon call center, connect, PBX v hosted, SIP trunk, inbound, call and line, and SIP trunk call manager; and data services comprise broadband, fiber broadband, assured and converged broadband, fiber Ethernet, Ethernet in the first mile, fiber to the cabinet (FTTC) Ethernet, converged FTTC broadband, converged Ethernet, and converged private network services.

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Analyst Recommendations for Gamma Communications (LON:GAMA)

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