Tucows (NASDAQ:TCX - Get Free Report) TSE: TC released its quarterly earnings data on Thursday, May 8th. The information services provider reported ($1.37) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $94.61 million for the quarter.
Tucows Price Performance
NASDAQ TCX traded up $0.57 during trading hours on Thursday, reaching $17.93. The company's stock had a trading volume of 22,152 shares, compared to its average volume of 38,347. The firm has a market capitalization of $197.97 million, a price-to-earnings ratio of -1.75 and a beta of 0.80. The company's 50-day moving average is $16.71 and its two-hundred day moving average is $17.00. Tucows has a 1-year low of $13.27 and a 1-year high of $26.48.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Tucows from a "sell" rating to a "hold" rating in a research note on Tuesday, March 18th.
View Our Latest Stock Analysis on Tucows
Insider Activity
In other Tucows news, CEO Elliot Noss sold 7,760 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $17.25, for a total transaction of $133,860.00. Following the sale, the chief executive officer now directly owns 470,198 shares in the company, valued at $8,110,915.50. This represents a 1.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 15,360 shares of company stock worth $256,617 in the last quarter. Corporate insiders own 9.40% of the company's stock.
Tucows Company Profile
(
Get Free Report)
Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in North America and Europe. It operates in three segments: Ting, Wavelo and Tucows Domains. The Ting segment provides fiber and fixed wireless internet services. The Wavelo segment offers individual developer tools, subscription, billing management, network orchestration, and provisioning services.
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