Zacks Investment Research announced Towerstream Corporation (NASDAQ:TWER), bumping its target to $0.75 earlier today
- Updated: November 27, 2016
Zacks Investment Research bumped up the target of Towerstream Corporation (NASDAQ:TWER) to $0.75 stating a potential upside of 0.10%.
On 11/10/2015, D. A. Davidson released a statement for Towerstream Corporation (NASDAQ:TWER) bumped up the target price from $0.00 to $2.00 that suggested an upside of 1.90%.
Boasting a price of $0.68, Towerstream Corporation (NASDAQ:TWER) traded -8.83% lower on the day. With the last stock price close down -81.90% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Towerstream Corporation has recorded a 50-day average of $1.02 and a two hundred day average of $2.42. Volume of trade was up over the average, with 881,649 shares of TWER changing hands over the typical 802,014
Recent Performance Chart
Towerstream Corporation has with a one year low of $0.42 and a one year high of $11.40 and has a market capitalization of $0.
General Company Details For Towerstream Corporation (NASDAQ:TWER)
Towerstream Corporation is a provider of fixed wireless services to businesses in over 10 urban markets across the United States. The Company operates through Fixed Wireless Services (Fixed Wireless) segment. Its fixed wireless service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. Towerstream installs equipment on the rooftops of the buildings in which the Fixed Wireless segment customers operate and refer to these as Customer Locations. This equipment includes receivers and antennas, and a wireless connection is established between the Customer Location to one or more of its points of presence (PoPs). It provides fixed wireless broadband services to commercial customers and delivers access over a Wireless network transmitting over both regulated and unregulated radio spectrum. It provides services to business customers in various locations, including New York City, Boston, Chicago and Houston.
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