GTT Communications found using ticker (GTT) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 7 with a mean TP of 10. Given that the stocks previous close was at 5.35 this is indicating there is a potential upside of 86.9%. The 50 day moving average now sits at 5.37 and the 200 day MA is 7.2. The company has a market capitalisation of $294m. Company Website: http://www.gtt.net
GTT Communications provides cloud networking services to multinational enterprises, carriers, and government customers in the United States, Europe, and internationally. The company offers wide area networking, such as software-defined wide area networking, multiprotocol label switching, and virtual private LAN service; high bandwidth-Internet connectivity and IP transit, as well as broadband and wireless Internet access services; managed equipment and security services; and unified communication services consisting of session initiation protocol trunking, cloud unified communication service, and traditional analog voice. It also provides transport services, such as Ethernet services that enable to design network equipment; and video transport services to support broadcast quality transmission of live events, sports entertainment, and news to media and entertainment industry. In addition, the company offers infrastructure services enabling transport of high volume data between data centers, enterprise office locations, and media hubs; wavelength services to deliver scalable high-performance optical connectivity; colocation, turnkey, duct, and dark fiber services; advanced solutions, including security, hybrid cloud, database, and application management Its IP network consists of approximately 600 points of presence. GTT Communications markets its products and services through a network of direct sales force and indirect sales channels. The company was formerly known as Global Telecom & Technology and changed its name to GTT Communications in January 2014. GTT Communications was founded in 2005 and is headquartered in McLean, Virginia.