Caribbean Utilities (TSE:CUP.U) Shares Cross Above 50-Day Moving Average – Here’s What Happened

Caribbean Utilities Company Ltd (TSE:CUP.U)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$13.67 and traded as high as C$14.49. Caribbean Utilities shares last traded at C$14.14, with a volume of 1,652 shares changing hands.

Caribbean Utilities Trading Down 2.4%

The company has a debt-to-equity ratio of 125.07, a quick ratio of 0.27 and a current ratio of 0.97. The stock’s fifty day moving average is C$13.67 and its 200 day moving average is C$13.47. The stock has a market cap of C$603.41 million, a P/E ratio of 12.85, a P/E/G ratio of 3.00 and a beta of 0.08.

Caribbean Utilities Company Profile

Caribbean Utilities Co Ltd is a Canada based company, principally engaged in the generation, transmission, and distribution of electricity in its license area of Grand Cayman, Cayman Islands. The company also provides fibre optic infrastructure and other information and communication technology (ICT) services to the ICT industry.