Tucows (TSE:TC) Shares Cross Below 50 Day Moving Average of $25.99

Tucows Inc. (TSE:TC) (NYSE:TCX) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$25.99 and traded as low as C$24.32. Tucows shares last traded at C$24.49, with a volume of 1,800 shares.

Tucows Price Performance

The company has a quick ratio of 0.29, a current ratio of 1.21 and a debt-to-equity ratio of 5,754.85. The stock’s 50-day moving average price is C$25.82 and its 200-day moving average price is C$28.26. The company has a market capitalization of C$264.20 million, a price-to-earnings ratio of -2.02 and a beta of 0.93.

Tucows (TSE:TC) (NYSE:TCX) last posted its quarterly earnings data on Thursday, February 22nd. The company reported C($2.91) earnings per share (EPS) for the quarter. The firm had revenue of C$118.40 million for the quarter. Tucows had a negative return on equity of 180.60% and a negative net margin of 28.35%. Equities research analysts anticipate that Tucows Inc. will post 1.77 earnings per share for the current year.

Insider Buying and Selling

In other Tucows news, insider Investmentaktiengesellschaft für langfristige Investoren TGV purchased 21,987 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was acquired at an average cost of C$21.76 per share, with a total value of C$478,393.15. Corporate insiders own 8.78% of the company’s stock.

About Tucows

Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Europe. It operates through three segments: Ting, Wavelo and Tucows Domains. The Ting segment provides fiber and fixed wireless internet services. The Wavelo segment offers individual developer tools, subscription, billing management, network orchestration, and provisioning services.