Shares of Tucows Inc. (NASDAQ:TCX) last traded at $57.00. The company’s performance year to date is 61.70%. The 200 day simple moving average is 44.57%. The 200 simple moving average (SMA) is considered a key indicator by traders and market analysts for determining the overall long-term trend. The price level in a market that coincides with the 200 SMA is recognized as a major support when price is above the 200 SMA or resistance when price is below the 200 SMA level.
As per recent filings, Tucows Inc. (NASDAQ:TCX) has an insider ownership of 4.30%.
Tucows Inc. is a pioneering provider of personalized information agents and Web sites. They deliver information over the Internet and other communications mediums such as email. Their sites provide users with relevant information they cannot conveniently locate in any one place elsewhere on the Internet.
Tucows Inc. (NASDAQ:TCX) has been storming Wallstreet with solid press release. Recently, the company announced that according to the March 2017 study commissioned by RetailMeNot and conducted by Forrester Consulting, the company’s mobile marketing solutions generate a three-year, risk-adjusted return on investment (ROI) of 4.3x.
The Barchart Technical Opinion rating is a 8% Buy with a Average short term outlook on maintaining the current direction. Longer term, the trend strength is Weak. Long term indicators fully support a continuation of the trend.
The Exponential Moving Average (EMA) is similar to a simple moving average (average price over a set period) but it utilizes a weighting factor that exponentially declines from the most recent data point (recent prices are weighted higher than oil prices). EMA analysis compares the short term (5 days and 13 days), intermediate term (20 days) and long term (50 days) EMA’s. The respective EMA’s will give bullish signals when trading above trailing EMA’s and below the current price and vice versa. EMA alerts include crossovers (i.e the 5 day EMA crosses above/below the 20 day EMA) and EMA convergencies (5 day EMA equivalent to 13 day EMA). Currently, the 5 day EMA 58.39 is higher than the last trade price suggesting a short term bearish pattern building up. Long term, the 50 day EMA 54.66 is lower than current trading price depicting a bullish signal..
The relative strength index (RSI) is a momentum oscillator that is able to measure the velocity and magnitude of stock price changes. Momentum is calculated as the ratio of positive price changes to negative price changes. The RSI analysis compares the current RSI against neutral(50), oversold (30) and overbought (70) conditions. Alerts will inform you when stocks recede from oversold/overbought levels or breakthrough neutral (50). The current RSI is 48.11 suggesting a bearish price action.
Tucows Inc. (NASDAQ:TCX) is all set to announce its earnings on May 09/a. As per Zack’s analyst ratings, Tucows Inc. (NASDAQ:TCX) currently has an average brokerage rating of 3. On a scale of 1 to 5, a rating of 1 or 2 would indicate a buy, and a rating of 4 or 5 would signify a sell recommendation. A rating of 3 would indicate a hold on the stock. The consensus target price on (NASDAQ:TCX) is $35.65 with a high of $42.3 and a low of $29.
As such, while we believe Tucows Inc. (NASDAQ:TCX) represents a compelling growth story exposed to several secularly attractive markets, it would be interesting to see how it fairs for long-term investors.
Tucows Inc. (NASDAQ:TCX) (TSX:TC.TO), a provider of network access, domain names and other Internet services, reported its financial results for the first quarter ended March 31, 2017