Alert: Major Price Advance (5/9/24)-Tucows Inc (NASDAQ: TCX).

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Tucows Inc (NASDAQ: TCX) stock closed at $19.45 on 5/9/24 after a major increase of 12.0%. NORMAL trading volume accompanied the advance. The stock has risen 7.8% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, TCX is expected to continue to be Value Creation neutral.

Tucows has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Tucows has a slightly negative Power Rating of 32 and a very low Appreciation Score of 1, triggering the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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