Tucows (TSE:TC) Sets New 52-Week Low – Here’s Why

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

Tucows Stock Performance

The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of -383.58. The firm’s 50-day moving average price is C$20.87 and its 200 day moving average price is C$25.31. The company has a market capitalization of C$211.83 million, a P/E ratio of -2.67 and a beta of 1.80.

Tucows (TSE:TCGet Free Report) (NYSE:TCX) last posted its 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, equities research analysts predict that Tucows Inc. will post 1.77 earnings per share for the current year.

Tucows Company Profile

(Get Free Report)

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.

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