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

Tucows Inc. (TSE:TC) (NYSE:TCX) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 traded.

Tucows Stock Down 1.1 %

The company has a debt-to-equity ratio of 5,754.85, a quick ratio of 0.29 and a current ratio of 1.21. The stock has a market capitalization of C$267.92 million, a P/E ratio of -2.05 and a beta of 0.93. The stock’s fifty day simple moving average is C$25.99 and its two-hundred day simple moving average is C$28.30.

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

Insiders Place Their Bets

In other Tucows news, insider Investmentaktiengesellschaft für langfristige Investoren TGV bought 21,987 shares of Tucows stock in a transaction on Wednesday, February 7th. The shares were purchased at an average cost of C$21.76 per share, with a total value of C$478,393.15. 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.