Tucows (TSE:TC) Hits New 12-Month High – Here’s Why

Tucows Inc. (TSE:TC) (NYSE:TCX)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$34.71 and last traded at C$34.55, with a volume of 901 shares. The stock had previously closed at C$34.06.

Tucows Trading Up 1.9%

The company has a debt-to-equity ratio of -965.45, a current ratio of 1.11 and a quick ratio of 0.29. The business’s 50-day simple moving average is C$30.40 and its two-hundred day simple moving average is C$27.81. The stock has a market capitalization of C$385.42 million, a price-to-earnings ratio of -3.97 and a beta of 1.66.

Tucows (TSE:TC) (NYSE:TCX) last issued its earnings results on Thursday, November 6th. The company reported C($2.08) EPS for the quarter. Tucows had a negative net margin of 25.48% and a positive return on equity of 393.70%. The business had revenue of C$137.23 million during the quarter. On average, research analysts anticipate that Tucows Inc. will post 1.77 earnings per share for the current fiscal 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.