Tucows (TSE:TC) Reaches New 52-Week Low – What’s Next?

Tucows Inc. (TSE:TC) (NYSE:TCX) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as C$18.00 and last traded at C$18.25, with a volume of 490 shares trading hands. The stock had previously closed at C$18.25.

Tucows Stock Performance

The company has a market cap of C$200.68 million, a price-to-earnings ratio of -2.53 and a beta of 1.80. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of -383.58. The stock’s 50 day moving average price is C$21.12 and its 200 day moving average price is C$25.48.

Tucows (TSE:TC) (NYSE:TCX) last released its 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 company had revenue of C$134.38 million during the quarter. On average, analysts expect that Tucows Inc. will post 1.77 EPS for the current fiscal year.

Tucows Company Profile

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.