Towerstream (TWER) Receives News Sentiment Rating of 0.14

Media headlines about Towerstream (NASDAQ:TWER) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Towerstream earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 44.4670959391429 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Towerstream (NASDAQ:TWER) traded down 5.0575% during trading on Wednesday, hitting $0.0826. The stock had a trading volume of 22,728 shares. Towerstream has a 1-year low of $0.06 and a 1-year high of $1.57. The firm’s 50 day moving average is $0.08 and its 200 day moving average is $0.12. The firm’s market cap is $2.34 million.

Towerstream (NASDAQ:TWER) last released its quarterly earnings results on Friday, August 11th. The technology company reported ($0.24) earnings per share (EPS) for the quarter. The firm had revenue of $6.50 million during the quarter. On average, analysts anticipate that Towerstream will post ($4.88) earnings per share for the current year.

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About Towerstream

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.

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