Towerstream Corp. (NASDAQ:TWER) fell 0% during trading on Friday . The company traded as low as $2.10 and last traded at $2.39, with a volume of 326,153 shares changing hands. The stock had previously closed at $2.39.

A number of equities research analysts have issued reports on the company. HC Wainwright reissued a “buy” rating on shares of Towerstream Corp. in a research report on Tuesday, March 22nd. Zacks Investment Research downgraded Towerstream Corp. from a “buy” rating to a “sell” rating in a research report on Wednesday, May 25th.

The company’s market capitalization is $7.85 million. The firm has a 50 day moving average of $3.60 and a 200 day moving average of $4.27.

Towerstream Corp. (NASDAQ:TWER) last announced its quarterly earnings data on Tuesday, May 10th. The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.03. On average, analysts expect that Towerstream Corp. will post ($6.60) EPS for the current fiscal year.

Towerstream Corporation (Towerstream) is a fourth generation (4G) and small cell rooftop tower company. The Company provides a range of Wireless communication services through its two business segments: Fixed Wireless Services Segment and Shared Wireless Infrastructure Segment. The Company’s fixed Wireless service supports bandwidth on demand, Wireless redundancy, virtual private networks, disaster recovery, bundled data and video services.

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