• 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 >= 1413909195 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 >= 1413909195 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

Shares of Alaska Air Group Receive a Boo...

Alaska Air Group (NYSE:ALK) is a company whose shares are active, trading 2.4% higher t ...

Bullish Moving Average Cross by Ameripri...

Ameriprise Financial (NYSE:AMP) crossed over its 10-day moving average of $113.63 on a ...

Stock Investors Bid Up Shares of WPP, Up...

WPP (NASDAQ:WPPGY) is one of today's notable stocks on the rise, up 2.5% to $93.70. Th ...

Lorillard Crosses Above its 10-day MA (L...

Today, shares of Lorillard (NYSE:LO) have crossed bullishly above their 10-day moving a ...

Shares of Delta Apparel Receive a Boost,...

One of today's notable stocks on the rise is Delta Apparel (AMEX:DLA), up 2.5% to $10.4 ...

AON Crosses Above its 10-day MA (AON)...

AON (NYSE:AON) crossed over its 10-day moving average of $80.72 on a volume of 1.2 mill ...

Buyers Accumulate Shares of Aecom Techno...

Aecom Technology (NYSE:ACM), a company whose shares are moving quickly, is trading 2.5% ...

Devon Energy Bullish Moving Average Cros...

Devon Energy (NYSE:DVN) crossed over its 10-day moving average of $58.35 on a volume of ...