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Gamma Communications PLC 11.4% Potential Upside Indicated by Numis

Gamma Communications PLC using EPIC/TICKER code (LON:GAMA) has had its stock rating noted as ‘Resumes’ with the recommendation being set at ‘ADD’ this morning by analysts at Numis. Gamma Communications PLC are listed in the Telecommunications sector within AIM. Numis have set a target price of 1020 GBX on its stock. This would imply the analyst believes there is now a potential upside of 11.4% from the opening price of 916 GBX. Over the last 30 and 90 trading days the company share price has increased 130 points and increased 156 points respectively. The 1 year high share price is 944 GBX while the 52 week low for the stock is 563.5 GBX.

Gamma Communications PLC has a 50 day moving average of 813.43 GBX and a 200 Day Moving Average share price is recorded at 733.35. There are currently 93,874,676 shares in issue with the average daily volume traded being 89,350. Market capitalisation for LON:GAMA is £848,622,916 GBP.