Tucows (TSE:TC) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Shares of Tucows Inc. (TSE:TC) (NYSE:TCX) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$20.56 and traded as low as C$19.21. Tucows shares last traded at C$19.21, with a volume of 3,551 shares trading hands.

Tucows Price Performance

The stock has a 50 day moving average of C$20.56 and a two-hundred day moving average of C$25.01. The company has a debt-to-equity ratio of -383.58, a quick ratio of 0.29 and a current ratio of 0.29. The stock has a market cap of C$214.17 million, a PE ratio of -2.70 and a beta of 1.80.

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

About Tucows

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.