Tower One Wireless Corp. (OTCMKTS:TOWTF – Get Rating) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 8,500 shares, a decline of 16.7% from the June 30th total of 10,200 shares. Based on an average trading volume of 70,000 shares, the short-interest ratio is presently 0.1 days.

Tower One Wireless Price Performance

Shares of TOWTF opened at $0.06 on Thursday. The business's 50-day moving average price is $0.06 and its 200-day moving average price is $0.06. Tower One Wireless has a twelve month low of $0.04 and a twelve month high of $0.12. The stock has a market cap of $6.99 million, a PE ratio of -1.24 and a beta of 0.11.

Tower One Wireless (OTCMKTS:TOWTF – Get Rating) last announced its quarterly earnings results on Monday, May 30th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $3.14 million during the quarter.

Tower One Wireless Company Profile

Tower One Wireless Corp. owns, develops, and operates build-to-suit multitenant communications structures in Argentina, Colombia, Mexico, the United States, and internationally. It primarily engages in the leasing of space on communications sites to mobile network operators. The company also provides tower-related services, including site acquisition, zoning and permitting, structural analysis, and construction.

Further Reading

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