Press coverage about Tucows (NASDAQ:TCX) (TSE:TC) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tucows earned a news impact score of 0.12 on Accern’s scale. Accern also assigned news articles about the information services provider an impact score of 47.5777322542291 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Tucows (NASDAQ TCX) traded up $1.75 during trading on Monday, hitting $56.65. The stock had a trading volume of 97,100 shares, compared to its average volume of 156,284. Tucows has a 1-year low of $45.20 and a 1-year high of $71.75. The firm has a market capitalization of $599.86, a P/E ratio of 27.24 and a beta of 0.69. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.82 and a current ratio of 0.83.
Tucows (NASDAQ:TCX) (TSE:TC) last announced its quarterly earnings results on Wednesday, February 14th. The information services provider reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.74 by ($0.25). The business had revenue of $90.60 million during the quarter, compared to analyst estimates of $90.80 million. Tucows had a net margin of 6.78% and a return on equity of 39.62%. The business’s revenue for the quarter was up 85.7% compared to the same quarter last year. During the same period last year, the company earned $0.26 earnings per share. analysts forecast that Tucows will post 2.46 EPS for the current year.
A number of brokerages have recently commented on TCX. Zacks Investment Research downgraded Tucows from a “hold” rating to a “sell” rating in a research report on Saturday, November 18th. BidaskClub downgraded Tucows from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 11th.
In related news, VP Jody Stocks sold 500 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $63.89, for a total value of $31,945.00. Following the completion of the transaction, the vice president now directly owns 3,324 shares of the company’s stock, valued at $212,370.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Allen Karp sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $63.31, for a total value of $189,930.00. The disclosure for this sale can be found here. Insiders sold 13,835 shares of company stock valued at $877,867 over the last ninety days. 13.20% of the stock is currently owned by corporate insiders.
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Tucows Company Profile
Tucows Inc is engaged in providing Internet services. The Company’s segments include Network Access Services and Domain Services. The Network Access Services segment includes mobile, fixed high-speed Internet access services, Internet hosting and network consulting services. The Domain Services segment wholesale and retail domain name registration services, value added services and portfolio services.
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