Tucows (TSE:TC) Hits New 1-Year Low – Here’s What Happened

Tucows Inc. (TSE:TC) (NYSE:TCX) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$20.72 and last traded at C$21.05, with a volume of 3315 shares changing hands. The stock had previously closed at C$21.64.

Tucows Stock Performance

The company has a debt-to-equity ratio of -415.19, a current ratio of 0.32 and a quick ratio of 0.29. The firm has a fifty day simple moving average of C$23.14 and a 200 day simple moving average of C$27.15. The company has a market capitalization of C$228.36 million, a price-to-earnings ratio of -2.99 and a beta of 0.98.

Tucows (TSE:TC) (NYSE:TCX) last issued its quarterly earnings data on Thursday, March 12th. The company reported C($2.62) EPS for the quarter. The business had revenue of C$129.64 million during the quarter. Tucows had a negative net margin of 19.43% and a positive return on equity of 56.35%. On average, analysts anticipate that Tucows Inc. will post 1.77 earnings per share for the current fiscal 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.