Tucows (TSE:TC) Stock Price Breaks Below 50 Day Moving Average – What’s Next?

Tucows Inc. (TSE:TC) (NYSE:TCX)’s share price passed below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of C$15.24 and traded as low as C$13.22. Tucows shares last traded at C$13.73, with a volume of 2,344 shares changing hands.

Tucows Price Performance

The business’s fifty day moving average price is C$15.07 and its 200-day moving average price is C$18.06. The company has a market capitalization of C$146.60 million, a P/E ratio of -1.74 and a beta of 1.50. The company has a current ratio of 0.28, a quick ratio of 0.29 and a debt-to-equity ratio of -354.75.

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.