Tucows, Inc (NASDAQ:TCX) does about 35.49K shares in volume on a normal day but saw 224906 shares change hands in the recent trading day. The company now has a market cap of 210.65M USD. Its current market price is $19.15, marking an increase of 26.57% compared to the previous close of $15.13. The 52 week high reached by this stock is $26.48 whilst the lowest price level in 52 weeks is $14.50.
Tucows, Inc (TCX) has a 20-day trading average at $15.96 and the current price is -27.68% off the 52-week high compared with 32.07% distance from its 52-week low. The 50-day simple moving average of the closing price is $16.43 and its 200-day simple moving average is $19.26. If we look at the stock’s price movements over the week, volatility stands at 9.91%, which decreases to 5.35% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 70.07 to suggest the stock is overbought.
The consensus objective for the share price is $66.79, suggesting that the stock has a potential upside of 71.33% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 25, 2015 when Cantor Fitzgerald initiated the stock to “Buy” and issued a price target of $36.
The current price level is 19.99%, 16.54%, and -0.55% away from its SMA20, SMA50, and SMA200 respectively, with the TCX price moving above the 50-day SMA on current market day. Tucows, Inc (TCX) stock is up 30.54% over the week and 16.27% over the past month. Its price is 11.73% year-to-date and -5.24% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 71.33 percent from here.
Outstanding shares total 11.00M with insiders holding 20.91% of the shares and institutional holders owning 74.87% of the company’s common stock. The company has a return on investment of -19.56% and return on equity of -1011.58%. The beta has a value of 0.77. Price to sales ratio is 0.58.
