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

Tucows Inc. (TSE:TC) (NYSE:TCX)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$14.00 and last traded at C$14.00, with a volume of 3546 shares. The stock had previously closed at C$14.90.

Tucows Stock Performance

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 stock has a market capitalization of C$161.99 million, a PE ratio of -2.04 and a beta of 1.87. The firm’s fifty day moving average is C$19.03 and its 200-day moving average is C$23.64.

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

About Tucows

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.