Tucows (TSE:TC) Reaches New 52-Week Low – Here’s What Happened

Tucows Inc. (TSE:TC) (NYSE:TCX) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as C$18.00 and last traded at C$18.00, with a volume of 4900 shares changing hands. The stock had previously closed at C$18.31.

Tucows Trading Down 1.0%

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 has a 50-day moving average price of C$19.67 and a two-hundred day moving average price of C$24.21. The stock has a market cap of C$166.12 million, a PE ratio of -2.10 and a beta of 1.87.

Tucows (TSE:TC) (NYSE:TCX) last posted 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%. Sell-side analysts forecast that Tucows Inc. will post 1.77 earnings per share for the current fiscal year.

Tucows Company Profile

Tucows helps connect more people to the benefit of internet access through communications service technology, domain services, and fiber-optic internet infrastructure. Ting ( https://ting.com ) delivers fixed fiber Internet access with outstanding customer support. Wavelo ( https://wavelo.com ) is a telecommunications software suite for service providers that simplifies the management of mobile and internet network access; provisioning, billing and subscription; developer tools; and more. Tucows Domains ( https://tucowsdomains.com ) manages over 21 million domain names and millions of value-added services through a global reseller network of over 33,000 web hosts and ISPs.