Gamma Communications plc (GAMA) to Issue Dividend of GBX 5.70 on October 19th

Gamma Communications plc (LON:GAMA) announced a dividend on Tuesday, September 5th, Upcoming.Co.Uk reports. Investors of record on Thursday, September 21st will be given a dividend of GBX 5.70 ($0.07) per share on Thursday, October 19th. This represents a dividend yield of 0.53%. The ex-dividend date of this dividend is Thursday, September 21st. The official announcement can be seen at this link.

Gamma Communications Stock Performance

LON:GAMA opened at GBX 1,154 ($14.29) on Tuesday. The company has a debt-to-equity ratio of 3.80, a current ratio of 3.40 and a quick ratio of 2.45. The company has a market cap of £1.12 billion, a price-to-earnings ratio of 2,234.62, a PEG ratio of 2.79 and a beta of 0.82. Gamma Communications has a 1 year low of GBX 954 ($11.82) and a 1 year high of GBX 1,252 ($15.51). The stock’s 50 day simple moving average is GBX 1,098.54 and its two-hundred day simple moving average is GBX 1,128.19.

Analyst Upgrades and Downgrades

Several research firms have commented on GAMA. Shore Capital reiterated a “not rated” rating on shares of Gamma Communications in a research report on Tuesday, September 5th. Numis Securities reissued a “buy” rating and set a GBX 2,070 ($25.64) price objective on shares of Gamma Communications in a research note on Friday, May 26th. Finally, Barclays reaffirmed an “overweight” rating and issued a GBX 2,000 ($24.77) price objective on shares of Gamma Communications in a research note on Thursday, September 7th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Gamma Communications currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,790 ($22.17).

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.