GTT Communications Inc. (NYSE:GTT) went down by -2.73% from its latest closing price compared to the recent 1-year high of $12.59. The company’s stock price has collected -3.78% of loss in the last five trading sessions. Press Release reported 16 hours ago that Press Release: GTT Supports SGN’s Cloud Transformation with Managed Network and Security Services
Is It Worth Investing in GTT Communications Inc. (NYSE :GTT) Right Now?
Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for GTT Communications Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $11.00. GTT currently public float of 25.17M and currently shorts hold a 40.50% ratio of that float. Today, the average trading volume of GTT was 4.62M shares.
GTT’s Market Performance
GTT stocks went down by -3.78% for the week, with a monthly jump of 6.59% and a quarterly performance of -44.55%, while its annual performance rate touched -75.98%. The volatility ratio for the week stands at 4.76% while the volatility levels for the past 30 days are set at 10.07% for GTT Communications Inc.. The simple moving average for the period of the last 20 days is -8.41% for GTT stocks with a simple moving average of -61.09% for the last 200 days.
Analysts’ Opinion of GTT
SunTrust gave a rating of “Hold” to GTT, setting the target price at $7 in the report published on May 11th of the previous year.
GTT Trading at -38.05% from the 50-Day Moving Average
After a stumble in the market that brought GTT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.86% of loss for the given period.
Volatility was left at 10.07%, however, over the last 30 days, the volatility rate increased by 4.76%, as shares sank -4.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -56.37% lower at present.
During the last 5 trading sessions, GTT fell by -3.78%, which changed the moving average for the period of 200-days by -77.35% in comparison to the 20-day moving average, which settled at $1.9390. In addition, GTT Communications Inc. saw -50.14% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GTT
Current profitability levels for the company are sitting at:
- +9.22 for the present operating margin
- +31.09 for the gross margin
The net margin for GTT Communications Inc. stands at -6.13. The total capital return value is set at 4.22, while invested capital returns managed to touch -2.86.
Based on GTT Communications Inc. (GTT), the company’s capital structure generated 1,240.98 points at debt to equity in total, while total debt to capital is 92.54. Total debt to assets is 75.93, with long-term debt to equity ratio resting at 1,203.30. Finally, the long-term debt to capital ratio is 89.73.
When we switch over and look at the enterprise to sales, we see a ratio of 2.44, with the company’s debt to enterprise value settled at 0.86. The receivables turnover for the company is 9.88 and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.52.