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

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$14.42 and traded as high as C$14.80. Caribbean Utilities shares last traded at C$14.64, with a volume of 7,230 shares changing hands.

Caribbean Utilities Stock Performance

The stock has a market cap of C$620.26 million, a PE ratio of 12.40, a P/E/G ratio of 3.00 and a beta of 0.20. The firm has a 50-day simple moving average of C$14.42 and a 200-day simple moving average of C$14.13. The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 125.07.

Caribbean Utilities Company Profile

(Get Free Report)

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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