Tucows (TSE:TC) Reaches New 1-Year Low – What’s Next?

Tucows Inc. (TSE:TC) (NYSE:TCX)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$18.00 and last traded at C$18.00, with a volume of 4900 shares. The stock had previously closed at C$18.31.

Tucows Stock Down 2.8%

The company has a market cap of C$198.45 million, a price-to-earnings ratio of -2.50 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. The firm’s 50 day simple moving average is C$19.93 and its 200 day simple moving average is C$24.42.

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