Tucows (NASDAQ:TCX) Earns Media Sentiment Score of 0.21
News articles about Tucows (NASDAQ:TCX) (TSE:TC) have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tucows earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the information services provider an impact score of 45.7420900365469 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of Tucows from a “sell” rating to a “hold” rating in a research note on Thursday, July 13th. BidaskClub raised shares of Tucows from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th.
Tucows (NASDAQ:TCX) remained flat at $52.65 during trading on Monday. The company had a trading volume of 84,578 shares. The stock’s 50-day moving average is $56.36 and its 200-day moving average is $53.40. Tucows has a 52 week low of $25.78 and a 52 week high of $63.20. The stock has a market capitalization of $553.30 million, a P/E ratio of 39.95 and a beta of 1.36.
Tucows (NASDAQ:TCX) (TSE:TC) last released its quarterly earnings data on Tuesday, May 9th. The information services provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.13. The company had revenue of $69.60 million for the quarter, compared to the consensus estimate of $84.05 million. Tucows had a net margin of 6.55% and a return on equity of 43.00%. The company’s quarterly revenue was up 55.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 EPS. Analysts expect that Tucows will post $2.20 EPS for the current fiscal year.
In related news, Director Rawleigh Hazen Iv Ralls sold 53,842 shares of the business’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $59.11, for a total value of $3,182,600.62. Following the sale, the director now owns 85,697 shares in the company, valued at $5,065,549.67. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Allen Karp sold 1,900 shares of the business’s stock in a transaction on Thursday, June 22nd. The stock was sold at an average price of $59.92, for a total transaction of $113,848.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 185,701 shares of company stock worth $10,773,117. Company insiders own 13.20% of the company’s stock.
Tucows Inc is engaged in providing Internet services. The Company’s segments include Network Access Services and Domain Services. The Network Access Services segment includes mobile, fixed high-speed Internet access services, Internet hosting and network consulting services. The Domain Services segment wholesale and retail domain name registration services, value added services and portfolio services.
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