Towerstream Corporation (NASDAQ:TWER) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for TWER broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. Towerstream Corporation (NASDAQ:TWER) shares after opening at $2.08 moved to $2.08 on last trade day and at the end of the day closed at $2.00. Company price to sales ratio in past twelve months was calculated as 4.02 and price to cash ratio as 4.05. Towerstream Corporation (NASDAQ:TWER) showed a negative weekly performance of -10.71%.
Glowpoint, Inc. (NYSEMKT:GLOW), a leading provider of video collaboration services and network solutions, on 7 April announced the resignation of Jon DeLuca and Grant Dawson as directors of the Company and the appointment of James H. Cohen and Patrick Lombardi to the Board of Directors. Glowpoint, Inc. (NYSEMKT:GLOW) shares advanced 7.48% in last trading session and ended the day on $1.58. GLOW return on equity ratio is recorded as -76.10% and its return on assets is -16.10%. Glowpoint, Inc. (NYSEMKT:GLOW) yearly performance is 47.66%.
Oi SA (ADR) (NYSE:OIBR) on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Diversified Telecommunication Services industry. The net income has significantly decreased by 72.9% when compared to the same quarter one year ago, falling from $284.81 million to $77.29 million. Oi SA (ADR) (NYSE:OIBR) shares moved down -8.73% in last trading session and was closed at $1.15, while trading in range of $1.14 – $1.26. Oi SA (ADR) (NYSE:OIBR) year to date (YTD) performance is -27.67%.
BlackBerry Ltd (NASDAQ:BBRY) said on Tuesday it bought a minority stake in privately held healthcare IT firm NantHealth, a move that offers a glimpse into the type of niche markets the smartphone maker is targeting as it attempts to engineer a turnaround. BlackBerry Ltd (NASDAQ:BBRY) weekly performance is -9.42%. On last trading day company shares ended up $7.21. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is -21.58%. Analysts mean target price for the company is $10.90.