Headlines about Tucows (NASDAQ:TCX) (TSE:TC) have been trending somewhat positive on Thursday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tucows earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media stories about the information services provider an impact score of 44.139450410495 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Tucows (NASDAQ TCX) traded down 0.18% during mid-day trading on Thursday, reaching $54.55. 17,953 shares of the company traded hands. The firm has a market capitalization of $573.27 million, a price-to-earnings ratio of 41.39 and a beta of 1.37. Tucows has a 52 week low of $25.78 and a 52 week high of $63.20. The firm has a 50-day moving average price of $56.89 and a 200 day moving average price of $52.80.
Tucows (NASDAQ:TCX) (TSE:TC) last posted its quarterly earnings results on Tuesday, May 9th. The information services provider reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by $0.13. Tucows had a return on equity of 43.00% and a net margin of 6.55%. The business had revenue of $69.60 million for the quarter, compared to analysts’ expectations of $84.05 million. During the same period in the prior year, the business posted $0.42 earnings per share. The business’s quarterly revenue was up 55.7% compared to the same quarter last year. On average, analysts anticipate that Tucows will post $2.20 earnings per share for the current year.
TCX has been the subject of several recent research reports. Zacks Investment Research lowered shares of Tucows from a “hold” rating to a “sell” rating in a research report on Friday, May 12th. BidaskClub upgraded shares of Tucows from a “hold” rating to a “buy” rating in a research report on Sunday, July 16th.
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In other news, Director Allen Karp sold 1,900 shares of the firm’s stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $59.92, for a total transaction of $113,848.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Rawleigh Hazen Iv Ralls sold 52,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 28th. The stock was sold at an average price of $56.79, for a total transaction of $2,981,475.00. Following the sale, the director now directly owns 34,355 shares in the company, valued at approximately $1,951,020.45. The disclosure for this sale can be found here. Insiders have sold a total of 185,701 shares of company stock valued at $10,773,117 over the last three months. 17.20% of the stock is currently owned by insiders.
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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