Caribbean Utilities (TSE:CUP.U) Share Price Passes Below 50-Day Moving Average – What’s Next?

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$13.33 and traded as low as C$12.90. Caribbean Utilities shares last traded at C$12.90, with a volume of 5,317 shares changing hands.

Caribbean Utilities Stock Down 3.7%

The company has a debt-to-equity ratio of 125.07, a current ratio of 0.97 and a quick ratio of 0.27. The firm has a market cap of C$494.97 million, a P/E ratio of 12.65, a PEG ratio of 3.00 and a beta of 0.42. The firm’s 50-day moving average price is C$13.33 and its 200 day moving average price is C$13.45.

Caribbean Utilities Company Profile

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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.

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