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GTT Communications (GTT) in Focus: Stock Moves 7.2% Higher

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GTT Communications, Inc. was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 24.3% in the past one-month time frame.

The company has seen an estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent 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 #3 (Hold) while its Earnings ESP is 0.00%.  

A better-ranked stock in the Computers - IT Services industry is Inovalon Holdings, Inc. (INOV - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is GTT going up? Or down? Predict to see what others think: Up or Down

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