Lumos Networks Corp. (NASDAQ:LMOS), a leading fiber-based service provider of data, voice and IP-based telecommunication services in the Mid-Atlantic region, announced the appointment of Glenn Lytle as Vice President of Enterprise Sales. Mr. Lytle will report directly to Joseph E. McCourt, Chief Revenue Officer. Lumos Networks Corp (NASDAQ:LMOS) net profit margin is 10.40% and weekly performance is 3.50%. On last trading day company shares ended up $15.08. Analysts mean target price for the company is $17.88. Lumos Networks Corp (NASDAQ:LMOS) distance from 50-day simple moving average (SMA50) is 12.05%.
Towerstream Corporation (NASDAQ:TWER), a leading 4G and Small Cell Rooftop Tower company, announced a small cell services teaming agreement with Alcatel-Lucent (Euronext Paris:ALU) (NYSE:ALU) enabling a one-stop solution for carriers to deploy Small Cell wireless infrastructure. Towerstream Corporation (NASDAQ:TWER) ended the day on $1.94. TWER Gross Margin is 29.60% and its return on assets is -33.20%. Towerstream Corporation (NASDAQ:TWER) quarterly performance is -26.52%.
On May 30, 2014, Zacks Investment Research downgraded Novatel Wireless Inc. (NASDAQ:NVTL), provider of wireless broadband access solutions for the global mobile communications market, by a notch to Zacks Rank #4 (Sell). Novatel Wireless Inc (NASDAQ:NVTL) shares moved up 0.60% in last trading session and was closed at $1.69, while trading in range of $1.61 – $1.70. Novatel Wireless Inc (NASDAQ:NVTL) year to date (YTD) performance is -28.69%.
Cogent Communications Group (NASDAQ:CCOI) VP Henry Kilmer unloaded 1,250 shares of the stock on the open market in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $36.57, for a total value of $45,712.50. Cogent Communications Group, Inc. (NASDAQ:CCOI) ended the last trading day at $36.67. Company weekly volatility is calculated as 1.08% and price to cash ratio as 6.48. Cogent Communications Group, Inc. (NASDAQ:CCOI) showed a positive weekly performance of 0.85%.
On May 28, 2014, NTS, Inc. (NYSEMKT:NTS) issued a promissory note (the “Note”) in the aggregate principal amount of $2,000,000 to Lone Star Value Co-Invest I, LP, an affiliate of Jeffrey Eberwein, who serves on the Company’s board of directors. NTS Inc (NYSEMKT:NTS) net profit margin is -3.20% and weekly performance is 0.51%. On last trading day company shares ended up $1.98. NTS Inc (NYSEMKT:NTS) distance from 50-day simple moving average (SMA50) is 0.28%.