Global Telecom & Technology, Inc. (GTT) Worth a Look: Stock Jumps 8.1% - Tale of the Tape

By Zacks Equity Research,

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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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ID SYSTEMS INC (IDSY): Free Stock Analysis Report

LEAP WIRELESS (LEAP): Free Stock Analysis Report

TELENAV INC (TNAV): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: GTT , IDSY , LEAP , TNAV

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