GTT Communications (GTT) NYSE intraday $2.36 14Jan2026: oversold bounce $2.08
GTT stock trades at $2.36 intraday on 14 Jan 2026 as the share price tests a short-term oversold bounce setup. GTT Communications, Inc. (GTT) on the NYSE opened at $2.43 and has traded between $2.34 and $2.60 today on 16,942 shares. The move comes after a long downtrend from a 52-week high of $7.41 and ahead of potential technical support near the 50-day average $2.08. We track price action, liquidity, and valuation to size a measured bounce trade in the United States market and compare that to Meyka AI model signals
Intraday technicals for GTT stock
Price is $2.36 with a day low of $2.34 and day high of $2.60. The 50-day average is $2.08 and the 200-day average is $2.41, so the stock sits just above 50-day but below the 200-day. Volume is 16,942 versus an average volume of 6,228,219, showing light intraday liquidity and limited follow-through. Traders watching an oversold bounce will monitor a break above $2.60 for momentum and failure below $2.33 for deeper downside.
Valuation and financial metrics for GTT stock
GTT Communications shows strained fundamentals with book value per share $5.17 and cash per share $0.75. Enterprise value is $3,260,500,000.00 and EV/EBITDA is 9.57, which compresses value relative to earnings. Current ratio is 0.52 and interest coverage is 0.70, flagging short-term liquidity pressure and high leverage. These metrics matter for an oversold bounce because weak fundamentals increase the risk of a failed rebound.
Sector context and risks for GTT stock
GTT operates in the Communication Services sector and Telecommunications Services industry in the United States. Sector demand for cloud networking and IP transit can support revenue growth, but competition and capital intensity are headwinds. High debt ratios—interestDebtPerShare 62.15 and debt to equity 11.34—raise refinancing risk if markets remain thin. For an intraday bounce trade, monitor sector flows and broader telecom ETFs to confirm risk appetite.
Meyka grade and model forecast for GTT stock
Meyka AI rates GTT with a score out of 100: Score: 55.12 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade is informational and not financial advice.
Meyka AI’s forecast model projects a near-term monthly value of $0.41 versus the current price $2.36, implying a model-based downside of -82.63%. Forecasts are model-based projections and not guarantees. Use the model as one input in sizing risk for an oversold bounce trade.
Trade plan and price targets for GTT stock
For an oversold bounce strategy, use tight risk and size positions small. Short-term resistance to target on a bounce: $2.60 and $2.80 as an initial take-profit. A stronger bounce could reach $3.50 if sector momentum returns. Stop-loss triggers: intraday break below $2.33 or a close under $2.10. Scenario sizing: limit position size given low free cash flow per share $0.08 and weak current ratio. These targets reflect technical resistance, not guaranteed outcomes.
News flow and catalysts for GTT stock
No scheduled earnings announcement is listed today, and EPS and PE are not reported, increasing event risk. Watch announcements on network contracts, asset sales, or refinancing as catalysts for a sustained move. For competitive context see a MarketBeat industry comparator update and a European market note that lists GTT in sector coverage source source. Also check the Meyka stock page for real-time signals and order flow on GTT.
Final Thoughts
Key takeaways: GTT stock is trading $2.36 intraday on 14 Jan 2026 and shows a classic oversold bounce setup against light volume 16,942. Technicals place near-term resistance at $2.60 and a pragmatic short target at $2.80, with a stop under $2.33 to limit downside. Valuation and liquidity metrics are weak—EV/EBITDA 9.57, current ratio 0.52, and interest coverage 0.70—so any bounce needs confirming volume and sector strength. Meyka AI’s model projects $0.41 monthly, an implied downside -82.63% from today; that model is a cautionary input, not a prediction. Traders using an oversold bounce strategy should size positions small, use strict stops, and watch for a volume pickup above $2.60 or corporate catalysts that improve refinancing risk. Meyka AI provides this as an AI-powered market analysis platform input to support risk-managed trades; forecasts are model-based projections and not guarantees.
FAQs
Is GTT stock a buy after the intraday drop?
GTT stock shows an oversold bounce setup, but weak liquidity and high leverage argue for caution. Consider a small, risk-defined trade with a stop under $2.33 and a short target near $2.80. This is not financial advice.
What are the key levels to watch for GTT stock today?
Watch intraday support at $2.33 and the 50-day average near $2.08. Key resistance levels are $2.60 and $2.80. Volume above average would validate a stronger bounce.
How does Meyka AI rate GTT stock?
Meyka AI rates GTT with a score out of 100: 55.12, Grade C+, Suggestion: HOLD. The grade factors S&P 500 comparison, sector, financial metrics, forecasts and analyst signals. Grades are informational only.
What is the Meyka AI price forecast for GTT stock?
Meyka AI’s forecast model projects a near-term monthly value of $0.41 versus the current $2.36, implying a model-based downside of -82.63%. Forecasts are model-based projections and not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
