GTT Communications (GTT) Jumps: Stock Rises 6.8% – Tale of the Tape

Zacks

GTT Communications, Inc. (GTT) was a big mover last session with its shares rising nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock has gained nearly 48% in the past one-month time frame.

This cloud network provider has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

GTT Communications currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other well-placed IT stocks include Infosys Ltd. (INFY), Fair Isaac Corp. (FICO) and Amdocs Ltd. (DOX). All these stocks carry the same Zacks Rank as GTT Communications.

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