Tucows (TSE:TC) Sets New 12-Month Low – Here’s What Happened

Tucows Inc. (TSE:TC) (NYSE:TCX)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$18.54 and last traded at C$18.54, with a volume of 11287 shares changing hands. The stock had previously closed at C$20.39.

Tucows Trading Down 9.1%

The company has a debt-to-equity ratio of -383.58, a quick ratio of 0.29 and a current ratio of 0.29. The company’s 50 day moving average price is C$22.03 and its 200 day moving average price is C$26.31. The company has a market cap of C$206.70 million, a price-to-earnings ratio of -2.61 and a beta of 1.80.

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