GTT Stock Falls 6.5% in One Week After September Record

A Decline That Brings the Stock Below Its Short-Term Moving Average

GTT falls 2.15% to €209.80 during the session, slipping back below its 20-day MA at €219.04, with a spread of 4.22%. The 50-day MA at €208.16 is located just below the current price, forming a floor nearby that the stock has not yet tested. The RSI at 48 remains neutral, showing no oversold signal, reflecting an orderly consolidation after the mid-September peak rather than structural selling pressure.

Over one week, the decline reaches 6.67%, to be compared with a gain of nearly 13% recorded over the quarter. The support identified at €202.80 remains about ten points away, and the 200-day MA at €194.46 provides a long-term floor more than 7% below the current price.

Solid Order Book Behind Post-Record Consolidation

The session takes place in a Paris market under pressure, with the CAC 40 down 1.4% during the session, amid unprecedented tension on French debt: the 10-year OAT yield reached 4.86%, its highest level since 2008, while the spread with the Bund widened to nearly 1.30 percentage points, a level unseen since 2012. This context weighs on the entire SBF 120, which declines 1.43%. GTT, which presented its technical advances at the Gastech show in late September, benefits from commercial visibility that management highlighted during the first half 2026 results (published July 28, 2026): an order book of €1.9 billion and maintained annual targets, with expected revenue of €760 million and EBITDA of €510 million. Resistance at €227 remains the technical horizon to watch to confirm a resumption of the upward movement.