Tucows (TSE:TC) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Shares of Tucows Inc. (TSE:TC) (NYSE:TCX) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 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.

Tucows Stock Performance

The stock has a market cap of C$220.97 million, a P/E ratio of -2.79 and a beta of 1.80. The company has a debt-to-equity ratio of -383.58, a current ratio of 0.29 and a quick ratio of 0.29. The stock’s 50 day simple moving average is C$20.42 and its two-hundred day simple moving average is C$24.91.

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

Tucows Company Profile

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.