Global Telecom & Technology, Inc. (GTT) was a big mover last session, as the company saw its shares rise over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.95 to $5.15 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s price jump is encouraging though, so make sure you keep a close watch on this firm in the near future.
Global Telecom & Technology currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, some better performing stocks in the diversified communication services industry include Telenav, Inc. (TNAV), Leap Wireless International Inc. (LEAP) and ID Systems Inc. (IDSY). While Telenav has a Zacks Rank #1 (Strong Buy), both Leap Wireless and ID Systems carry a Zacks Rank #2 (Buy).
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