Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.95 and traded as high as $22.69. Tucows shares last traded at $22.10, with a volume of 33,091 shares traded.
Tucows Stock Down 1.8%
The stock has a 50-day simple moving average of $19.91 and a 200-day simple moving average of $17.98. The firm has a market capitalization of $240.00 million, a PE ratio of -2.36 and a beta of 0.83.
Tucows (NASDAQ:TCX - Get Free Report) TSE: TC last announced its quarterly earnings results on Thursday, May 8th. The information services provider reported ($1.37) earnings per share for the quarter. The firm had revenue of $94.61 million during the quarter.
Insider Buying and Selling at Tucows
In other news, CEO Elliot Noss sold 3,200 shares of Tucows stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $20.44, for a total transaction of $65,408.00. Following the completion of the sale, the chief executive officer directly owned 452,098 shares of the company's stock, valued at approximately $9,240,883.12. The trade was a 0.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 14,600 shares of company stock valued at $295,291 in the last quarter. 9.40% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Tucows
A number of institutional investors have recently made changes to their positions in TCX. Wells Fargo & Company MN grew its stake in shares of Tucows by 25.9% in the fourth quarter. Wells Fargo & Company MN now owns 4,213 shares of the information services provider's stock worth $72,000 after purchasing an additional 867 shares during the last quarter. MetLife Investment Management LLC bought a new stake in shares of Tucows during the first quarter valued at approximately $80,000. Bank of America Corp DE boosted its position in shares of Tucows by 34.2% during the fourth quarter. Bank of America Corp DE now owns 9,604 shares of the information services provider's stock valued at $165,000 after purchasing an additional 2,448 shares in the last quarter. Rhumbline Advisers grew its stake in Tucows by 5.0% in the first quarter. Rhumbline Advisers now owns 11,840 shares of the information services provider's stock worth $200,000 after purchasing an additional 563 shares during the period. Finally, Barclays PLC raised its holdings in Tucows by 10.9% in the fourth quarter. Barclays PLC now owns 12,625 shares of the information services provider's stock worth $216,000 after purchasing an additional 1,240 shares in the last quarter. Hedge funds and other institutional investors own 73.64% of the company's stock.
About Tucows
(
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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