Tucows Inc. (TCX) Stock: Seeing Gains In Today’s Session

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Tucows Inc. (TCX) is trending up in the market in today’s trading session. The company, focused on the tech industry, is currently trading at $68.75 after gaining 7.34% so far in today’s session. In terms of tech companies, there are several factors that have the potential to generate movement in the market. News is one of the most common reasons for movement. Here are the recent headlines associated with TCX:

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May-14-19 02:19PM Edited Transcript of TC.TO earnings conference call or presentation 8-May-19 10:59am GMT
May-09-19 12:23PM Tucows Inc (TCX) Q1 2019 Earnings Call Transcript
May-08-19 07:45PM Tucows: 1Q Earnings Snapshot
05:05PM Tucows Reports Financial Results for First Quarter 2019
01:28PM Did Hedge Funds Drop The Ball On Tucows Inc. (TCX) ?

However, when making an investing decision, investors should look at far more than news, especially in the ever evolving technology industry. Here’s what’s happening in regard to Tucows Inc..

Returns That TCX Investors Have Seen

Although a move toward the top in a single session, like what we’re seeing from Tucows Inc. may cause excitement in some investors, that alone shouldn’t be the basis of a decision to, or not to, invest in a stock. It is generally a good idea to look into trends just a single trading day. As it relates to TCX, here are the trends that investors have experienced:

  • Weekly – Throughout the past 5 trading sessions, TCX has seen a change in value that amounts to -24.71%.
  • Past Month – The return on investment from Tucows Inc. in the last month has been -27.95%.
  • Past 3 Months – Throughout the past three months, the company has generated a ROI that comes to -10.29%
  • Bi-Annually – In the past 6 months, investors have seen a change of 8.98% from the company.
  • YTD – Since the the last trading session of last year TCX has produced a return of 6.64%.
  • Annually – Lastly, throughout the last year, investors have seen a change amounting to 0.95% out of TCX. In this period of time, the stock has traded at a high price of -23.79% and a low of 38.36%.

Rations That Investors Should Consider

Digging into a few ratios associated with a stock generally gives prospective investors a view of just how risky and/or potentially profitable a an investment option may be. Here are some of the most important ratios to think about when digging into TCX.

Short Ratio – The short ratio is a tool that’s used to measure the level of short interest. As the ratio heads up, it means that more investors believe that the value of the stock is going to tumble. Throughout the sector, strong technology stocks tend to carry a lower short ratio. However, we tend to see a lot of short squeezes in the sector. Nonetheless, with regard to Tucows Inc., it’s short ratio amounts to 18.68.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Essentially, they measure whether or not a company can cover its debts when they mature based on current assets or quick assets. In the tech space, many companies rely on continued support from investors as they work to bring new technologies to market, these ratios can look upsetting. Nonetheless, several better companies in the technology industry do have great current and quick ratios. As far as TCX, the quick and current ratios come to 0.70 and 0.80 respectively.  

Book To Share Value – The book to share value compares the book value of assets currently owned by the company to the price of shares. In this particular case, the book to share value ratio is 7.85.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. In terms of TCX, the cash to share value ratio comes to 1.01.

Is Big Money Interested in Tucows Inc.?

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in TCX, here’s what we’re seeing:

Institutions own 65.50% of the company. Institutional interest has moved by -1.96% over the past three months. When it comes to insiders, those who are close to the company currently own 6.50% percent of TCX shares. Institutions have seen ownership changes of an accumulative -4.46% over the last three months.

How Analysts Feel About Tucows Inc.

While it’s rarely a good idea to avoid doing your DD and blindly following the opinions of analysts, it is a smart idea to consider their analysis to validate your own due diligence when it comes to making an investment decision in the tech industry. Below are the recent moves that we have seen from analysts with regard to TCX.

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Aug-25-15 Initiated Cantor Fitzgerald Buy $36

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $3.05. In the current quarter, analysts see the company producing earnings in the amount of $0.53. Over the last 5 years, TCX has generated revenue in the amount of $21.60% with earnings coming in at 37.90%. On a quarter over quarter basis, earnings have seen movement of -25.50% and revenue has seen movement of -17.50%.

Interested In How Many Shares Are Available?

Traders seem to be interested in the amounts of shares both outstanding and available. As it relates to Tucows Inc., currently there are 10.87M with a float of 9.12M. These numbers mean that out of the total of 10.87M shares of TCX in existence today, 9.12M are available to be traded by the public.

I also like to look at the short percentage of the float. After all, when a large percentage of the float is sold short, the overall opinion among investors is that the stock is going to take a dive. When it comes to TCX, the percentage of the float that is shorted currently sits at 14.27%. Most traders believe that a concerning short percent of the float would be any percentage over 40%. However, I’ve calculated that a short ratio over 26% is usually a risky play.

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