Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $16.98 and traded as high as $19.31. Tucows shares last traded at $19.21, with a volume of 10,382 shares changing hands.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of Tucows from a "sell" rating to a "hold" rating in a report on Tuesday, March 18th.
Check Out Our Latest Stock Analysis on TCX
Tucows Price Performance
The stock has a market cap of $207.32 million, a price-to-earnings ratio of -1.83 and a beta of 0.80. The company's fifty day moving average price is $16.75 and its 200-day moving average price is $17.00.
Tucows (NASDAQ:TCX - Get Free Report) TSE: TC last posted its quarterly earnings data on Thursday, May 8th. The information services provider reported ($1.37) earnings per share (EPS) for the quarter. The firm had revenue of $94.61 million for the quarter.
Hedge Funds Weigh In On Tucows
Several hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN increased its holdings in shares of Tucows by 25.9% during the fourth quarter. Wells Fargo & Company MN now owns 4,213 shares of the information services provider's stock valued at $72,000 after acquiring an additional 867 shares in the last quarter. Northern Trust Corp boosted its position in Tucows by 1.5% in the fourth quarter. Northern Trust Corp now owns 78,791 shares of the information services provider's stock valued at $1,350,000 after buying an additional 1,181 shares during the last quarter. Barclays PLC boosted its position in Tucows by 10.9% in the fourth quarter. Barclays PLC now owns 12,625 shares of the information services provider's stock valued at $216,000 after buying an additional 1,240 shares during the last quarter. R Squared Ltd purchased a new stake in Tucows in the fourth quarter valued at approximately $32,000. Finally, Geode Capital Management LLC boosted its position in Tucows by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 202,248 shares of the information services provider's stock valued at $3,468,000 after buying an additional 1,985 shares during the last quarter. Institutional investors and hedge funds own 73.64% 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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