Tucows (TSE:TC) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Tucows Inc. (TSE:TC) (NYSE:TCX)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$23.63 and traded as high as C$24.02. Tucows shares last traded at C$24.02, with a volume of 415 shares trading hands.

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 market cap of C$267.32 million, a P/E ratio of -3.51 and a beta of 0.97. The stock’s 50 day moving average is C$23.63 and its two-hundred day moving average is C$27.34.

Tucows (TSE:TC) (NYSE:TCX) last announced its quarterly earnings results on Thursday, March 12th. The company reported C($2.62) EPS for the quarter. The business had revenue of C$129.64 million for the quarter. Tucows had a positive return on equity of 56.35% and a negative net margin of 19.43%. As a group, equities analysts predict that Tucows Inc. will post 1.77 EPS for the current 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.