Tucows (TSE:TC) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Tucows Inc. (TSE:TC) (NYSE:TCX)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$22.31 and traded as low as C$12.78. Tucows shares last traded at C$13.68, with a volume of 2,800 shares.

Tucows Trading Up 3.2%

The stock has a 50-day moving average of C$17.44 and a 200 day moving average of C$22.31. The stock has a market cap of C$152.52 million, a PE ratio of -1.92 and a beta of 1.87. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of -383.58.

Tucows (TSE:TC) (NYSE:TCX) last issued its quarterly earnings results on Thursday, May 7th. The company reported C($2.27) earnings per share 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. As a group, sell-side analysts anticipate that Tucows Inc. will post 1.77 earnings per share 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.