• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 433258 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414675804 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414675804 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Hot Stock: Towerstream, Shares Drop 8.5% (TWER)

Published on Thu, 01/31/2013 - 11:22
By Adrienne Chilton

Towerstream (NASDAQ:TWER) is one of today's worst performing low-priced stocks, down 8.5% to $2.90 on 6.1x average daily volume. Thus far today, Towerstream has traded 2.1 million shares, vs. average volume of 342,000 shares per day. The stock has underperformed the Dow (-8.5% to the Dow's -0.0%) and underperformed the S&P 500 (-8.5% to the S&P's -0.1%) during today's trading.

Towerstream share prices have moved between a 52-week high of $5.86 and a 52-week low of $2.33 and are now trading 25% above that low price at $2.90 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has slid 0.5%.

Towerstream Corporation offers wireless broadband Internet services to businesses. The Company operates in metropolitan areas in the United States.

There is potential upside of 175.7% for shares of Towerstream based on a current price of $2.90 and an average consensus analyst price target of $8.00. The stock should find initial resistance at its 50-day moving average (MA) of $3.27 and further resistance at its 200-day MA of $3.76.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Possible Bearish Inside Day Candle Patte...

Analyzing the price chart for HEICO (NYSE:HEI) has revealed a potential bearish inside ...

Possible Bearish Inside Day Candle Patte...

Analysts have spotted a possible bearish inside day candle pattern in American Vanguard ...

Analysis of Relative Performance in the ...

Here are 5 stocks in the Trucking industry ranked by performance. We compiled the trad ...

Bottom 5 Companies in the Systems Softwa...

Here are 5 stocks in the Systems Software industry ranked by performance. We compiled ...

Analysis of Relative Performance in the ...

Analysis was conducted on the Steel industry to measure relative performance to find st ...

Shares of Office Depot Underperformed it...

Analysis was conducted on the Specialty Stores industry to measure relative performance ...

Analysis of Relative Performance in the ...

Below are five companies in the Specialty Chemicals industry that underperformed yester ...

Weyerhaeuser has Relatively Underperform...

Here are 5 stocks in the Specialized REITs industry ranked by performance. We compiled ...