Gamma Communications plc (LON:GAMA – Get Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,282.96 ($15.85) and traded as high as GBX 1,315.36 ($16.25). Gamma Communications shares last traded at GBX 1,310 ($16.18), with a volume of 99,342 shares changing hands.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a “buy” rating on shares of Gamma Communications in a report on Monday, March 25th.
Check Out Our Latest Stock Report on GAMA
Gamma Communications Stock Up 0.8 %
Gamma Communications Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, June 20th. Investors of record on Thursday, May 30th will be given a GBX 11.40 ($0.14) dividend. This represents a yield of 0.84%. This is a positive change from Gamma Communications’s previous dividend of $5.70. The ex-dividend date of this dividend is Thursday, May 30th. Gamma Communications’s dividend payout ratio (DPR) is 3,090.91%.
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.
Read More
- Five stocks we like better than Gamma Communications
- Consumer Discretionary Stocks Explained
- 3 Stocks Leading the U.S. Agriculture Comeback
- NYSE Stocks Give Investors a Variety of Quality Options
- How to Use Put Debit Spreads to Profit From Falling Stocks
- The 3 Best Fintech Stocks to Buy Now
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for Gamma Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gamma Communications and related companies with MarketBeat.com's FREE daily email newsletter.