Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC's share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $18.56 and traded as high as $18.85. Tucows shares last traded at $18.83, with a volume of 13,519 shares.
Tucows Stock Performance
The stock has a fifty day moving average of $19.86 and a 200 day moving average of $18.65. The company has a market capitalization of $202.54 million, a P/E ratio of -2.05 and a beta of 0.81.
Tucows (NASDAQ:TCX - Get Free Report) TSE: TC last announced its earnings results on Thursday, August 7th. The information services provider reported ($1.41) EPS for the quarter. The company had revenue of $98.46 million during the quarter.
Insider Buying and Selling
In related news, CEO Elliot Noss sold 3,200 shares of the firm's stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $20.44, for a total value of $65,408.00. Following the transaction, the chief executive officer directly owned 452,098 shares of the company's stock, valued at approximately $9,240,883.12. This trade represents a 0.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders sold 12,000 shares of company stock valued at $252,366. 11.60% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Tucows
Institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC increased its stake in Tucows by 234.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,461 shares of the information services provider's stock worth $49,000 after buying an additional 1,726 shares in the last quarter. Wells Fargo & Company MN increased its stake 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 buying an additional 867 shares in the last quarter. MetLife Investment Management LLC purchased a new stake in Tucows in the 1st quarter worth $80,000. Bank of America Corp DE increased its stake 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 buying an additional 2,448 shares in the last quarter. Finally, Rhumbline Advisers increased its stake 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 buying an additional 563 shares in the last quarter. Hedge funds and other institutional investors 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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