OTCMKTS:TWER - Towerstream Stock Price, News, & Analysis

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$2.49 -0.01 (-0.40 %)
(As of 10/23/2018 04:00 PM ET)
Previous Close$2.50
Today's Range$2.26 - $2.50
52-Week Range$1.80 - $15.00
Volume6,484 shs
Average Volume626 shs
Market Capitalization$990,000.00
P/E RatioN/A
Dividend YieldN/A
Beta-0.26
Towerstream Corporation, together with its subsidiaries, provides fixed wireless broadband services over a wireless network transmitting over regulated and unregulated radio spectrum to commercial customers in the United States. Its wireless broadband service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data, and video services. The company also offers business class Internet services, such as single tenant service that delivers fixed wireless broadband to a single client through a radio receiver/transmitter on the client's building dedicated solely to that client; and on-net services to connect building at once and at a cost similar for one high bandwidth customer requiring point-to-point equipment. In addition, it provides temporary Internet solutions to provide solutions for a client's short-term connection requirements in locations where fiber, copper, and cable infrastructure does not exist or is cost prohibitive. Further, the company offers wholesale Internet services to deliver dedicated Internet access and point-to-point transport solutions with bandwidth options from 5Mbps to 10mbps through fixed wireless network. It serves business customers in New York City, Boston, Chicago, Los Angeles, San Francisco, Seattle, Miami, Dallas-Fort Worth, Houston, Philadelphia, Las Vegas-Reno, and Providence-Newport. The company offers its services through direct sales force. Towerstream Corporation was founded in 1999 and is headquartered in Middletown, Rhode Island.

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Industry, Sector and Symbol

Stock Exchange OTCMKTS
Industry Communication services, not elsewhere classified
Sub-IndustryAlternative Carriers
SectorComputer and Technology
Current SymbolOTCMKTS:TWER
Previous SymbolOTCMKTS:TWERD
CUSIP89200010
Phone401-848-5848

Debt

Debt-to-Equity Ratio-0.02
Current Ratio0.14
Quick Ratio0.14

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$26.21 million
Price / Sales0.04
Cash FlowN/A
Price / CashN/A
Book Value($36.49) per share
Price / Book-0.07

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-12,460,000.00
Net Margins-39.72%
Return on EquityN/A
Return on Assets-41.90%

Miscellaneous

Employees83
Outstanding Shares390,000
Market Cap$990,000.00
OptionableN/A

Towerstream (OTCMKTS:TWER) Frequently Asked Questions

What is Towerstream's stock symbol?

Towerstream trades on the OTCMKTS under the ticker symbol "TWER."

When did Towerstream's stock split? How did Towerstream's stock split work?

Towerstream shares reverse split before market open on Friday, September 29th 2017. The 1-75 reverse split was announced on Thursday, September 28th 2017. The number of shares owned by shareholders was adjusted after the market closes on Thursday, September 28th 2017. An investor that had 100 shares of Towerstream stock prior to the reverse split would have 1 shares after the split.

How were Towerstream's earnings last quarter?

Towerstream Co. (OTCMKTS:TWER) posted its quarterly earnings data on Monday, August, 20th. The technology company reported ($5.66) earnings per share for the quarter. The technology company had revenue of $6.22 million for the quarter. View Towerstream's Earnings History.

When is Towerstream's next earnings date?

Towerstream is scheduled to release their next quarterly earnings announcement on Tuesday, November 13th 2018. View Earnings Estimates for Towerstream.

Who are some of Towerstream's key competitors?

Who are Towerstream's key executives?

Towerstream's management team includes the folowing people:
  • Mr. Philip J. Urso, Founder & Chairman (Age 59)
  • Mr. Ernest Ortega, CEO & Director (Age 53)
  • Mr. Arthur G. Giftakis, Chief Operating Officer (Age 52)
  • Mr. John D. MacDonald, Chief Financial Officer (Age 47)
  • Jason Dennis, Director of Marketing and Sales Operations

How do I buy shares of Towerstream?

Shares of TWER can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Towerstream's stock price today?

One share of TWER stock can currently be purchased for approximately $2.49.

How big of a company is Towerstream?

Towerstream has a market capitalization of $990,000.00 and generates $26.21 million in revenue each year. Towerstream employs 83 workers across the globe.

What is Towerstream's official website?

The official website for Towerstream is http://www.towerstream.com.

How can I contact Towerstream?

Towerstream's mailing address is 76 Hammarlund Way, Middletown RI, 02842. The technology company can be reached via phone at 401-848-5848 or via email at [email protected]


MarketBeat Community Rating for Towerstream (OTCMKTS TWER)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  165 (Vote Outperform)
Underperform Votes:  157 (Vote Underperform)
Total Votes:  322
MarketBeat's community ratings are surveys of what our community members think about Towerstream and other stocks. Vote "Outperform" if you believe TWER will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TWER will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

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