Tucows (TSE:TC) Stock Passes Below Fifty Day Moving Average - Should You Sell?

Key Points

• Technical weakness: Tucows passed below its 50-day moving average
• Weak recent fundamentals: The company reported a quarterly loss of C($2.62) with a negative net margin of 19.43% and very low liquidity (quick ratio 0.29, current ratio 0.32), highlighting financial strain.
• Analyst outlook vs. market size: Despite recent losses and a negative P/E, analysts forecast Tucows to post C$1.77 EPS for the fiscal year; the stock carries a market cap of about C$271.3 million.

Tucows Inc. (TSE:TC - Get Free Report) NYSE: TCX passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$24.61 and traded as low as C$24.38. Tucows shares last traded at C$24.38, with a volume of 710 shares trading hands.

Tucows Price Performance

The company has a 50 day simple moving average of C$24.61 and a 200-day simple moving average of C$27.51. The stock has a market cap of C$271.33 million, a price-to-earnings ratio of -3.56 and a beta of 0.97. The company has a quick ratio of 0.29, a current ratio of 0.32 and a debt-to-equity ratio of -415.19.

Tucows (TSE:TC - Get Free Report) NYSE: TCX last announced its quarterly earnings data on Thursday, March 12th. The company reported C($2.62) earnings per share (EPS) for the quarter. Tucows had a negative net margin of 19.43% and a positive return on equity of 56.35%. The firm had revenue of C$129.64 million for the quarter. As a group, research analysts anticipate that Tucows Inc. will post 1.77 EPS for the current fiscal year.

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. It provides these services primarily through a global Internet-based distribution network of Internet Service Providers, web hosting companies, and other providers of Internet services to end-users.

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