Gamma Communications PLC 11.9% Potential Decrease Indicated by Jefferies International

Broker Ratings

Gamma Communications PLC using EPIC/TICKER code (LON:GAMA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Jefferies International. Gamma Communications PLC are listed in the Telecommunications sector within AIM. Jefferies International have set a target price of 1400 GBX on its stock. This indicates the analyst believes there is a potential downside of -11.9% from today’s opening price of 1588.97 GBX. Over the last 30 and 90 trading days the company share price has increased 323.97 points and increased 383.97 points respectively. The 52 week high share price is 1595 GBX while the year low share price is currently 910 GBX.

Gamma Communications PLC has a 50 day moving average of 1,336.87 GBX and a 200 day moving average of 1,290.12. There are currently 94,932,632 shares in issue with the average daily volume traded being 207,996. Market capitalisation for LON:GAMA is £1,452,528,602 GBP.

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