Gamma Communications (LON:GAMA) Issues Earnings Results

Gamma Communications (LON:GAMA) released its quarterly earnings results on Tuesday. The company reported GBX 85.10 ($1.10) earnings per share (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 LON GAMA opened at GBX 1,262 ($16.25) on Thursday. Gamma Communications has a twelve month low of GBX 1,192.95 ($15.36) and a twelve 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 firm has a 50-day moving average of GBX 1,318.07 and a two-hundred day moving average of GBX 1,499.64. The company has a market capitalization of £1.21 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 2.79 and a beta of 0.82.

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 is a positive change from Gamma Communications’s previous dividend of $6.50. This represents a yield of 1.03%. The ex-dividend date is Thursday, May 29th. Gamma Communications’s payout ratio is presently 30.70%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Shore Capital reiterated a “buy” rating on shares of Gamma Communications in a research report on Tuesday. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,900 ($24.46) price objective on shares of Gamma Communications in a 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.