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

Tucows Inc. (TSE:TC) (NYSE:TCX) shares reached a new 52-week low during trading on Thursday . The company traded as low as C$12.70 and last traded at C$12.96, with a volume of 5945 shares trading hands. The stock had previously closed at C$13.13.

Tucows Price Performance

The firm has a market cap of C$136.91 million, a price-to-earnings ratio of -1.73 and a beta of 1.87. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of -383.58. The company has a 50 day moving average of C$18.04 and a 200 day moving average of C$22.87.

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