Tucows (TSE:TC) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Tucows Inc. (TSE:TC) (NYSE:TCX)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$23.76 and traded as low as C$14.50. Tucows shares last traded at C$14.71, with a volume of 7,530 shares traded.

Tucows Price Performance

The firm has a market capitalization of C$156.20 million, a price-to-earnings ratio of -1.97 and a beta of 1.87. The stock’s fifty day moving average price is C$19.03 and its two-hundred day moving average price is C$23.64. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of -383.58.

Tucows (TSE:TC) (NYSE:TCX) last posted its quarterly earnings results on Thursday, May 7th. The company reported C($2.27) earnings per share for the quarter. The business had revenue of C$134.38 million during the quarter. Tucows had a negative net margin of 20.08% and a positive return on equity of 51.57%. Equities research analysts expect that Tucows Inc. will post 1.77 EPS for the current 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.