Global Telecom & Technology Major Shareholder J Carlo Cannell Unloads 18,069 Shares (GTT)
Global Telecom & Technology (NYSE:GTT) major shareholder J Carlo Cannell sold 18,069 shares of the stock on the open market in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $5.41, for a total value of $97,753.29. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of Global Telecom & Technology (NYSE:GTT) traded down 0.37% on Monday, hitting $5.40. 6,750 shares of the company’s stock traded hands. Global Telecom & Technology has a 1-year low of $1.02 and a 1-year high of $5.93. The stock’s 50-day moving average is $4.51 and its 200-day moving average is $4.00. The company’s market cap is $123.7 million.
Global Telecom & Technology (NYSE:GTT) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.46) earnings per share for the quarter. The company had revenue of $39.73 million for the quarter, compared to the consensus estimate of $40.10 million.
Global Telecom & Technology, Inc (NYSE:GTT), is a global network integrator providing a portfolio of Wide-Area Network (WAN), dedicated Internet access and managed data services.
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