Global Telecom & Technology, Inc.
) 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
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
However, some better performing stocks in the diversified
communication services industry include
Leap Wireless International Inc.
ID Systems Inc.
). 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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