Tucows (TSE:TC) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Tucows Inc. (TSE:TC) (NYSE:TCX)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$21.84 and traded as low as C$19.45. Tucows shares last traded at C$21.72, with a volume of 10,017 shares changing hands.

Tucows Stock Up 9.4%

The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of -383.58. The firm has a market cap of C$242.16 million, a PE ratio of -3.05 and a beta of 1.86. The firm’s 50 day moving average is C$17.47 and its 200-day moving average is C$21.84.

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