Tucows (TSE:TC) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Tucows Inc. (TSE:TC) (NYSE:TCX) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$25.81 and traded as low as C$18.86. Tucows shares last traded at C$18.93, with a volume of 1,600 shares traded.

Tucows Trading Down 0.9%

The company has a debt-to-equity ratio of -383.58, a current ratio of 0.29 and a quick ratio of 0.29. The business has a fifty day moving average of C$21.58 and a 200-day moving average of C$25.81. The stock has a market capitalization of C$211.05 million, a price-to-earnings ratio of -2.66 and a beta of 1.80.

Tucows (TSE:TC) (NYSE:TCX) last issued its quarterly earnings results on Thursday, May 7th. The company reported C($2.27) 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 during the quarter. On average, equities analysts anticipate that Tucows Inc. will post 1.77 earnings per share for the current fiscal 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.