Tucows (TSE:TC) Stock Passes Below Fifty Day Moving Average – What’s Next?

Tucows Inc. (TSE:TC) (NYSE:TCX) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$20.09 and traded as low as C$18.75. Tucows shares last traded at C$18.79, with a volume of 2,655 shares trading hands.

Tucows Price Performance

The business’s fifty day moving average is C$20.01 and its two-hundred day moving average is C$24.56. The stock has a market cap of C$209.49 million, a price-to-earnings ratio of -2.64 and a beta of 1.87. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of -383.58.

Tucows (TSE:TC) (NYSE:TCX) last released its earnings results on Thursday, May 7th. The company reported C($2.27) earnings per share (EPS) for the quarter. The business had revenue of C$134.38 million for the quarter. Tucows had a positive return on equity of 51.57% and a negative net margin of 20.08%. Equities analysts forecast that Tucows Inc. will post 1.77 earnings per share for the current fiscal year.

Tucows Company Profile

Tucows helps connect more people to the benefit of internet access through communications service technology, domain services, and fiber-optic internet infrastructure. Ting ( https://ting.com ) delivers fixed fiber Internet access with outstanding customer support. Wavelo ( https://wavelo.com ) is a telecommunications software suite for service providers that simplifies the management of mobile and internet network access; provisioning, billing and subscription; developer tools; and more. Tucows Domains ( https://tucowsdomains.com ) manages over 21 million domain names and millions of value-added services through a global reseller network of over 33,000 web hosts and ISPs.