Tucows (TSE:TC) Shares Cross Below Fifty Day Moving Average - Here's Why

Key Points

• Tucows Inc.'s share price has recently dropped below its 50-day moving average, closing at C$25.51 after trading as low as C$25.45.
• The company exhibits a quick ratio of 0.29 and a debt-to-equity ratio of -965.45, highlighting significant financial distress.
• Tucows operates as a provider of mobile phone services and high-speed Internet, also offering Mobile Service Enabler solutions and various Internet services to consumers and small businesses.

Tucows Inc. (TSE:TC - NYSE: TCX's share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$25.77 and traded as low as C$25.45. Tucows shares last traded at C$25.51, with a volume of 1,904 shares traded.

Tucows Stock Down 0.8%

The company has a quick ratio of 0.29, a current ratio of 1.11 and a debt-to-equity ratio of -965.45. The business has a 50-day simple moving average of C$25.77 and a two-hundred day simple moving average of C$25.67. The stock has a market capitalization of C$282.60 million, a P/E ratio of -2.94 and a beta of 0.99.

Tucows Company Profile

Tucows Inc provides us consumers and small businesses with mobile phone services nationally and high-speed fixed Internet access in selected towns. The Company offers Mobile Service Enabler (MSE) solutions, as well as professional services to other retail mobile providers. The Company is also a global distributor of Internet services, including domain name registration, digital certificates, and email.

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