Shares of Towerstream Corp. (NASDAQ:TWER) dropped 6.9% during trading on Monday after an insider sold shares in the company, Analyst Ratings Network reports. The company traded as low as $2.17 and last traded at $2.17, with a volume of 691,355 shares trading hands. The stock had previously closed at $2.33.Towerstream Corporation (NASDAQ:TWER) shares after opening at $2.16 moved to $2.22 on last trade day and at the end of the day closed at $2.04. Company price to sales ratio in past twelve months was calculated as 4.10 and price to cash ratio as 4.13. Towerstream Corporation (NASDAQ:TWER) showed a negative weekly performance of -5.99%.
WPCS International Incorporated (NASDAQ:WPCS) which specializes in contracting services for communications infrastructure and the development of a Bitcoin trading platform, announced April 18, 2014 as the official launch of its web and desktop multi-exchange Bitcoin trading platform, BTX Trader. WPCS International Incorporated (NASDAQ:WPCS) shares fell -7.46% in last trading session and ended the day on $1.24. WPCS its return on assets is -69.60%. WPCS International Incorporated (NASDAQ:WPCS) yearly performance is -44.64%.
Lumos Networks Corp (NASDAQ:LMOS) A fiber-based service provider of data, voice and IP-based telecommunication services in the Mid-Atlantic region, announced it has delivered 10-Gig wavelength connectivity to Iron Mountain’s underground data center near Pittsburgh, Pennsylvania. This marks the thirteenth data center connected to the Lumos fiber network. Iron Mountain is the first data center connectivity win in Western Pennsylvania since the announcement of this market as a key “edge-out” expansion of the Lumos fiber footprint. Lumos Networks Corp (NASDAQ:LMOS) shares moved down -0.26% in last trading session and was closed at $11.54, while trading in range of $11.20-$11.64. Lumos Networks Corp (NASDAQ:LMOS) year to date performance is -44.52%.
Citigroup Inc. (NYSE:C), ItauUnibanco Holding SA (ADR) (NYSE:ITUB) and BancoBradesco SA are proposing an exit from a consortium of 14 underwriters who are to underwrite 6 billion reais ($2.65 billion) in new shares as part of Oi SA (ADR) (NYSE:OIBR)’s capital enhancement plan, The firms, including Goldman Sachs Group Inc (NYSE:GS), may withdraw their commitment due to changes in terms of the transactions sought by Brazil’s securities market regulator CVM, has changed the terms of the deal for the issue to be considered as “fully underwritten. Oi SA (ADR) (NYSE:OIBR) weekly performance is -6.67%. On last trading day company shares ended up $1.26. Oi SA (ADR) (NYSE:OIBR) distance from 50-day simple moving average is -17.16%. Analysts mean target price for the company is $2.83.