Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.14 and traded as high as $21.16. Tucows shares last traded at $20.61, with a volume of 10,344 shares.
Tucows Stock Performance
The company's 50 day simple moving average is $20.27 and its 200-day simple moving average is $18.18. The firm has a market capitalization of $216.17 million, a PE ratio of -2.14 and a beta of 0.83.
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 for the quarter. The firm had revenue of $94.61 million for the quarter.
Insider Buying and Selling at Tucows
In other news, CEO Elliot Noss sold 2,000 shares of the firm's stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $21.87, for a total transaction of $43,740.00. Following the sale, the chief executive officer owned 444,498 shares in the company, valued at approximately $9,721,171.26. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 13,600 shares of company stock worth $278,576. Company insiders own 11.60% of the company's stock.
Institutional Trading of Tucows
Several institutional investors and hedge funds have recently made changes to their positions in TCX. Wells Fargo & Company MN raised its position in Tucows by 25.9% in the 4th 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 period. MetLife Investment Management LLC purchased a new position in Tucows in the 1st quarter worth $80,000. Bank of America Corp DE raised its position in Tucows by 34.2% in the 4th quarter. Bank of America Corp DE now owns 9,604 shares of the information services provider's stock worth $165,000 after purchasing an additional 2,448 shares during the period. Rhumbline Advisers raised its position in Tucows by 5.0% in the 1st 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 position in Tucows by 10.9% in the 4th 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 during the period. 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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