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Tucows (TSE:TC) Stock Price Passes Below Fifty Day Moving Average - What's Next?

Tucows logo with Computer and Technology background

Key Points

  • Tucows Inc. (TSE:TC) shares have fallen below their 50-day moving average of C$26.80, trading as low as C$24.00, which raises concerns about a potential sell-off.
  • The company's current metrics reveal a quick ratio of 0.29 and a negative debt-to-equity ratio of -965.45, indicating financial instability.
  • Tucows provides mobile services and Internet access, as well as solutions for other retail mobile providers and is a global distributor of Internet services.
  • Interested in Tucows? Here are five stocks we like better.

Tucows Inc. (TSE:TC - Get Free Report) NYSE: TCX shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$26.80 and traded as low as C$24.00. Tucows shares last traded at C$24.17, with a volume of 730 shares.

Tucows Stock Performance

The company has a market cap of C$279.72 million, a P/E ratio of -2.91 and a beta of 1.10. The firm has a 50 day moving average price of C$26.68 and a 200-day moving average price of C$25.72. The company has a debt-to-equity ratio of -965.45, a quick ratio of 0.29 and a current ratio of 1.11.

About Tucows

(Get Free Report)

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.

Further Reading

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