Tucows (TSE:TC) Sets New 1-Year Low – Here’s What Happened

Tucows Inc. (TSE:TC) (NYSE:TCX)’s stock price hit a new 52-week low on Wednesday . The company traded as low as C$18.54 and last traded at C$18.54, with a volume of 11287 shares changing hands. The stock had previously closed at C$20.39.

Tucows Price Performance

The business’s 50 day simple moving average is C$22.03 and its 200-day simple moving average is C$26.31. The stock has a market capitalization of C$206.70 million, a price-to-earnings ratio of -2.61 and a beta of 1.80. The company has a debt-to-equity ratio of -383.58, a quick ratio of 0.29 and a current ratio of 0.29.

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

About Tucows

Tucows Inc provides us consumers and small businesses with mobile phone services nationally and high-speed fixed Internet access in selected towns. The Company offers Mobile Service Enabler (MSE) solutions, as well as professional services to other retail mobile providers. The Company is also a global distributor of Internet services, including domain name registration, digital certificates, and email. It provides these services primarily through a global Internet-based distribution network of Internet Service Providers, web hosting companies, and other providers of Internet services to end-users.