Alert: Major Price Decline (8/5/24)-Tucows Inc (NASDAQ: TCX).

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On 8/5/24, Tucows Inc (NASDAQ: TCX) stock suffered a major decline of -10.7%, closing at $20.76. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months and has declined -18.1% during the last week.

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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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Tucows has a poor Power Rating of 29 and a very low Appreciation Score of 1, triggering the Lowest Value Trend Rating.

Rating Review

In light of this highly negative 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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