Tucows (TSE:TC) Shares Cross Above 50 Day Moving Average – Here’s Why

Tucows Inc. (TSE:TC) (NYSE:TCX)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$23.51 and traded as high as C$28.19. Tucows shares last traded at C$27.67, with a volume of 3,500 shares.

Tucows Price Performance

The stock has a market cap of C$214.09 million, a PE ratio of -2.35 and a beta of 0.85. The company has a current ratio of 1.11, a quick ratio of 0.29 and a debt-to-equity ratio of -965.45. The company’s 50 day moving average is C$23.51 and its 200-day moving average is C$25.91.

About Tucows

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.