Tucows (TSE:TC) Hits New 1-Year 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 Tuesday . The company traded as low as C$18.00 and last traded at C$18.00, with a volume of 4900 shares. The stock had previously closed at C$18.31.

Tucows Price Performance

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 has a market cap of C$198.45 million, a price-to-earnings ratio of -2.50 and a beta of 1.87. The business has a fifty day moving average price of C$19.93 and a 200 day moving average price of C$24.42.

Tucows (TSE:TC) (NYSE:TCX) last posted its quarterly earnings results on Thursday, May 7th. The company reported C($2.27) earnings per share for the quarter. The company had revenue of C$134.38 million during the quarter. Tucows had a negative net margin of 20.08% and a positive return on equity of 51.57%. 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.