Tucows (TSE:TC) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Tucows Inc. (TSE:TC) (NYSE:TCX) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$20.56 and traded as low as C$19.21. Tucows shares last traded at C$19.21, with a volume of 3,551 shares traded.

Tucows Stock Down 1.5%

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 stock’s fifty day simple moving average is C$20.56 and its 200-day simple moving average is C$25.01. The stock has a market cap of C$214.17 million, a P/E ratio of -2.70 and a beta of 1.80.

Tucows (TSE:TC) (NYSE:TCX) last posted its earnings results on Thursday, May 7th. The company reported C($2.27) earnings per share (EPS) for the quarter. Tucows had a negative net margin of 20.08% and a positive return on equity of 51.57%. The firm had revenue of C$134.38 million for the quarter. On average, 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.