Caribbean Utilities (TSE:CUP.U) Share Price Crosses Below 50 Day Moving Average of $13.83

Shares of Caribbean Utilities Company Ltd (TSE:CUP.U – Get Rating) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$13.83 and traded as low as C$13.40. Caribbean Utilities shares last traded at C$13.40, with a volume of 885 shares.

Caribbean Utilities Trading Down 2.2 %

The company has a market cap of C$507.04 million and a P/E ratio of 15.76. The company has a quick ratio of 0.27, a current ratio of 0.62 and a debt-to-equity ratio of 106.96. The business has a 50-day moving average price of C$13.83 and a two-hundred day moving average price of C$14.56.

Caribbean Utilities Company Profile

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Caribbean Utilities Company, Ltd. engages in the electricity generation, transmission, and distribution activities in Grand Cayman, the Cayman Islands. The company generates electricity using diesel. As of December 31, 2018, it operated diesel generating units with an installed generating capacity of 161 megawatts; and 8 transformer substations with approximately 441 miles of land-based high-voltage transmission and distribution lines, and 15 miles of high-voltage submarine cable.