A Reversal for Tucows Inc. (USA) Is Not Near. The Stock Rises Again

The stock of Tucows Inc. (USA) (NASDAQ:TCX) is a huge mover today! The stock increased 3.58% or $0.78 on April 14, hitting $22.55. About 52,304 shares traded hands or 55.36% up from the average. Tucows Inc. (USA) (NASDAQ:TCX) has declined 11.01% since September 9, 2015 and is downtrending. It has underperformed by 18.26% the S&P500. The move comes after 6 months positive chart setup for the $238.78 million company. It was reported on Apr, 15 by Barchart.com. We have $45.78 PT which if reached, will make NASDAQ:TCX worth $245.94M more.

Analysts await Tucows Inc. (USA) (NASDAQ:TCX) to reports earnings on May, 5. They expect $0.34 EPS, up 41.67% or $0.10 from last year’s $0.24 per share. TCX’s profit will be $3.60M for 16.58 P/E if the $0.34 EPS becomes reality. After $0.28 actual EPS reported by Tucows Inc. (USA) for the previous quarter, Wall Street now forecasts 21.43% EPS growth.

According to Zacks Investment Research, “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.”

The institutional sentiment decreased to 1.5 in Q3 2015. Its down 0.12, from 1.62 in 2015Q2. The ratio dropped, as 8 funds sold all Tucows Inc. (USA) shares owned while 10 reduced positions. 14 funds bought stakes while 13 increased positions. They now own 3.49 million shares or 34.78% more from 2.59 million shares in 2015Q2.

Osmium Partners Llc holds 14.74% of its portfolio in Tucows Inc. (USA) for 552,686 shares. Marathon Capital Management owns 74,500 shares or 0.88% of their US portfolio. Moreover, K.J. Harrison & Partners Inc has 0.64% invested in the company for 56,127 shares. The Massachusetts-based Bogle Investment Management L P De has invested 0.11% in the stock. Catalyst Capital Advisors Llc, a New York-based fund reported 34,500 shares.

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