Michael Koenig - Tucows Chief Officer

TC Stock  CAD 24.82  0.54  2.13%   

Executive

Michael Koenig is Chief Officer of Tucows Inc
Age 39
Address 96 Mowat Avenue, Toronto, ON, Canada, M6K 3M1
Phone416 535 0123
Webhttps://www.tucows.com

Michael Koenig Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Koenig against Tucows stock is an integral part of due diligence when investing in Tucows. Michael Koenig insider activity provides valuable insight into whether Tucows is net buyers or sellers over its current business cycle. Note, Tucows insiders must abide by specific rules, including filing SEC forms every time they buy or sell Tucows'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Tucows Management Efficiency

The company has return on total asset (ROA) of (0.039) % which means that it has lost $0.039 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (10.1158) %, meaning that it generated substantial loss on money invested by shareholders. Tucows' management efficiency ratios could be used to measure how well Tucows manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to -0.14. In addition to that, Return On Capital Employed is likely to drop to -0.11. At this time, Tucows' Debt To Assets are very stable compared to the past year.
Tucows Inc has accumulated 568.29 M in total debt with debt to equity ratio (D/E) of 127.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Tucows Inc has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Tucows until it has trouble settling it off, either with new capital or with free cash flow. So, Tucows' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tucows Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tucows to invest in growth at high rates of return. When we think about Tucows' use of debt, we should always consider it together with cash and equity.

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Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Germany. Tucows Inc. was incorporated in 1992 and is headquartered in Toronto, Canada. TUCOWS INC operates under Internet Content Information classification in Canada and is traded on Toronto Stock Exchange. It employs 584 people. Tucows Inc (TC) is traded on Toronto Exchange in Canada and employs 1,045 people. Tucows is listed under Application Software category by Fama And French industry classification.

Management Performance

Tucows Inc Leadership Team

Elected by the shareholders, the Tucows' board of directors comprises two types of representatives: Tucows inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tucows. The board's role is to monitor Tucows' management team and ensure that shareholders' interests are well served. Tucows' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tucows' outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Cooperman, CFO, Principal Accounting Officer, Treasurer and Secretary
Elliot Noss, CEO and President and Director
David Woroch, Executive VP of Wholesale
Ivan Ivanov, Chief Officer
Jenn Didine, Vice People
Michael Koenig, Chief Officer
Thorsten Einig, Managing Europe
Madeleine Stoesser, PR Lead
Monica Webb, Director Internet
Bret Fausett, ChiefLegalOfficer Counsel
Justin Reilly, Chief Wavelo

Tucows Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tucows a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Tucows

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tucows position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tucows will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tucows Stock

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Moving against Tucows Stock

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The ability to find closely correlated positions to Tucows could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tucows when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tucows - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tucows Inc to buy it.
The correlation of Tucows is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tucows moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tucows Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tucows can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Tucows Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tucows' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tucows Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tucows Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tucows Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Please note, there is a significant difference between Tucows' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tucows is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tucows' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.