How to Buy Tucows Stock
Tucows Inc
Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Europe.
Tucows stock last closed at $17.95, up 0.62% from the previous day, and has decreased 20.47% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.39 percentage points. Tucows stock is currently +14.7% from its 52-week low of $15.65, and -46.32% from its 52-week high of $33.44.
As of Apr 26, 2024, there are 10.93M TCX shares outstanding. The market value of TCX is $196.17M. In the past 24 hours, 16,239 TCX shares were traded.
How to Buy Tucows Stock
Wondering how to invest in Tucows stock? Here's how.
- Figure out where to buy Tucows stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Tucows stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your info.
- Research Tucows stock: The Tucows ticker symbol is TCX. Is Tucows stock a good investment? Should you buy shares of TCX? How do TCX's underlying business fundamentals look? Do top analysts think Tucows is a good buy? Why has TCX's stock price moved recently? (Hint: Our stock market analysis website can help you decide if TCX is a good stock to buy).
- Execute your TCX trade: Decide if you will purchase TCX shares at the current market price or use a limit order to buy TCX stock at a given price.
- Keep an eye on your investment in TCX: Create a watchlist to important notifications about your position in Tucows stock.
Step 1: Figure out where to buy Tucows stock
You need a brokerage account in order to access the NASDAQ market and buy TCX stock.
Our favorite brokerage: eToro
We believe that eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
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- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, it's time to fill out some personal details so you can buy TCX today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on the best stock trading app, you need to deposit funds:
Check out the video below to see the process of transferring money into your new brokerage account.
Step 4: Research Tucows stock
After you have decided on the best place to buy Tucows stock, it's crucial to research their stock prior to buying, so you truly understand the risk as well as the opportunity.
Tucows shares data
Tucows Zen Score
WallStreetZen was created to help average investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on TCX's stock page.
Is TCX stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge TCX's true value.
Using relative valuations measures:
- TCX may be overvalued based on its P/B ratio of 19.87x, relative to Software - Infrastructure industry P/B ratio of 11.33x
You can access additional valuation analysis on TCX's stock here.
TCX Financial Health Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the TCX balance sheet.
Negative Financial Indicators:
- TCX has a relatively high debt to equity ratio of 79.85.
- TCX has $96.33M in cash and short term investments. This is not sufficient to cover its annual cash burn of $97.35M.
- Total TCX debt is higher than 5 years ago, relative to shareholder equity.
- TCX profit margin has gone down from -8.6% to -28.3% in the past year.
- TCX has cash burn of 97354000. It does not have sufficient cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the TCX balance sheet.
Metrics for Advanced TCX Traders
TCX Performance Metrics
Last year, TCX revenue was $339.34M. During the last five year, TCX's revenue has grown by -0.39% per year. This was slower than the Software - Infrastructure industry average of 17.29%.
You can analyze TCX's earnings and revenue performance here.
Latest Insiders Trades at TCX
In the last 12 months, executives and large shareholders at TCX have sold more shares than they have bought.
Elliot Noss, Chief Executive Officer of TCX, was the latest TCX insider to sell. They sold $95,375.25 worth of TCX stock on Apr 1, 2024.
Research more about who owns TCX stock here.
Does TCX provide a stable income stream?
No, Tucows doesn't provide an income stream by paying out dividends.
TCX Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your TCX trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you require more info about buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your investment in TCX
Now that you own some TCX stock, you'll want to stay up-to-date on your stock purchase.
Add TCX to a watchlist to track the latest developments regarding your TCX stock.
TCX Feed
How to Buy Stock in Tucows
To reiterate, here are the 6 steps to buy stock in Tucows:
- Figure out where to buy Tucows stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Research Tucows stock
- Execute your TCX trade
- Keep an eye on your investment in TCX
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Tucows, create a watchlist on WallStreetZen today.
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