Caribbean Utilities (TSE:CUP.U) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$13.47 and traded as low as C$13.26. Caribbean Utilities shares last traded at C$13.26, with a volume of 400 shares trading hands.

Caribbean Utilities Price Performance

The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 125.07. The company has a market capitalization of C$563.84 million, a P/E ratio of 11.95, a PEG ratio of 3.00 and a beta of 0.31. The business has a 50 day simple moving average of C$13.47 and a 200-day simple moving average of C$13.30.

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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