Tucows Inc. (NASDAQ:TCX - Get Free Report) TSE: TC crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $18.54 and traded as low as $18.13. Tucows shares last traded at $18.32, with a volume of 9,340 shares.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Tucows in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of "Sell".
Check Out Our Latest Analysis on TCX
Tucows Trading Up 1.2%
The company has a market capitalization of $202.99 million, a PE ratio of -2.05 and a beta of 0.87. The stock has a fifty day moving average of $18.53 and a two-hundred day moving average of $18.54.
Tucows (NASDAQ:TCX - Get Free Report) TSE: TC last announced its quarterly earnings data on Thursday, August 7th. The information services provider reported ($1.41) earnings per share for the quarter. The company had revenue of $98.46 million during the quarter.
Insider Buying and Selling at Tucows
In related news, CEO Elliot Noss sold 2,000 shares of the firm's stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $21.87, for a total transaction of $43,740.00. Following the transaction, the chief executive officer directly owned 444,498 shares of the company's stock, valued at approximately $9,721,171.26. This trade represents a 0.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 3,700 shares of company stock worth $81,607. Company insiders own 11.60% of the company's stock.
Hedge Funds Weigh In On Tucows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC grew its position in Tucows by 234.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,461 shares of the information services provider's stock worth $49,000 after acquiring an additional 1,726 shares during the last quarter. EdgePoint Investment Group Inc. grew its position in Tucows by 0.6% during the 2nd quarter. EdgePoint Investment Group Inc. now owns 2,118,575 shares of the information services provider's stock worth $41,877,000 after acquiring an additional 12,410 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in Tucows by 22.9% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 37,000 shares of the information services provider's stock worth $731,000 after acquiring an additional 6,900 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Tucows by 89.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 37,119 shares of the information services provider's stock worth $627,000 after acquiring an additional 17,539 shares during the last quarter. Finally, Rhumbline Advisers grew its position in Tucows by 5.0% during the 1st quarter. Rhumbline Advisers now owns 11,840 shares of the information services provider's stock worth $200,000 after acquiring an additional 563 shares during the last quarter. 73.64% of the stock is currently owned by institutional investors.
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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