Somewhat Favorable Media Coverage Somewhat Unlikely to Affect GTT Communications (GTT) Stock Price
Press coverage about GTT Communications (NYSE:GTT) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. GTT Communications earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 47.6486868485184 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of research firms recently weighed in on GTT. Zacks Investment Research raised shares of GTT Communications from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Oppenheimer raised their price target on shares of GTT Communications from $39.00 to $52.00 and gave the company an “outperform” rating in a research report on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. GTT Communications presently has an average rating of “Buy” and a consensus target price of $40.20.
GTT Communications (GTT) opened at $42.75 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 4.08. GTT Communications has a 12-month low of $22.95 and a 12-month high of $47.75. The firm has a market cap of $1,857.70, a PE ratio of -65.77, a P/E/G ratio of 19.54 and a beta of 1.48.
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GTT Communications Company Profile
GTT Communications, Inc provides cloud networking services to a range of clients. The Company offers a portfolio of global communications services, wide area network (WAN) services; Internet services; managed network and security services, and voice and unified communication services. It provides Layer 2 (Ethernet) and Layer 3 (multiprotocol label switching (MPLS)) WAN solutions for multinational clients.
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