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Tucows (TSE:TC) Shares Pass Below 50 Day Moving Average - Here's Why

Tucows logo with Computer and Technology background

Tucows Inc. (TSE:TC - Get Free Report) NYSE: TCX's share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$28.36 and traded as low as C$27.00. Tucows shares last traded at C$27.07, with a volume of 2,730 shares trading hands.

Tucows Trading Up 0.2 %

The stock has a market cap of C$297.89 million, a P/E ratio of -2.40 and a beta of 0.85. The company has a quick ratio of 0.29, a current ratio of 0.93 and a debt-to-equity ratio of 5,754.85. The business's 50 day simple moving average is C$28.29 and its two-hundred day simple moving average is C$28.03.

Tucows (TSE:TC - Get Free Report) NYSE: TCX last issued its earnings results on Thursday, August 8th. The company reported C($2.33) earnings per share (EPS) for the quarter. Tucows had a negative return on equity of 1,011.58% and a negative net margin of 26.01%. The firm had revenue of C$122.35 million during the quarter. As a group, analysts expect that Tucows Inc. will post 1.77 EPS for the current year.

Tucows Company Profile

(Get Free Report)

Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in North America and Europe. It operates in three segments: Ting, Wavelo and Tucows Domains. The Ting segment provides fiber and fixed wireless internet services. The Wavelo segment offers individual developer tools, subscription, billing management, network orchestration, and provisioning services.

Further Reading

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