Tucows (TSE:TC) Sets New 52-Week Low – Here’s What Happened
by Danessa Lincoln · The Markets DailyTucows Inc. (TSE:TC – Get Free Report) (NYSE:TCX)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as C$12.70 and last traded at C$12.96, with a volume of 5945 shares trading hands. The stock had previously closed at C$13.13.
Tucows Trading Down 1.0%
The company has a debt-to-equity ratio of -383.58, a quick ratio of 0.29 and a current ratio of 0.29. The company has a 50 day moving average of C$18.36 and a two-hundred day moving average of C$23.07. The stock has a market cap of C$144.94 million, a PE ratio of -1.83 and a beta of 1.87.
Tucows (TSE:TC – Get Free Report) (NYSE:TCX) last issued its quarterly earnings results on Thursday, May 7th. The company reported C($2.27) earnings per share (EPS) for the quarter. Tucows had a positive return on equity of 51.57% and a negative net margin of 20.08%.The business had revenue of C$134.38 million for the quarter. Sell-side analysts anticipate that Tucows Inc. will post 1.77 earnings per share for the current fiscal year.
About Tucows
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.