Towerstream (TWER) in Focus: Stock Adds 5.9% in Session – Tale of the Tape

January 16, 2015 Technicals 0

Zacks

Towerstream Corporation (TWER) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $1.54 to $1.88 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Towerstream currently carries a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Another favorably-placed stock in the same industry is Skyworks Solutions Inc. (SWKS), sporting a Zacks Rank #1 (Strong Buy).

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