Caribbean Utilities (TSE:CUP.U) Stock Falls 0.1% – Here’s What Happened

Shares of Caribbean Utilities Company Ltd (TSE:CUP.U – Get Free Report) traded down 0.1% on Friday. The company traded as low as C$14.55 and last traded at C$14.55. Approximately 5,700 shares were traded during trading, an increase of 93% from the average daily volume of 2,960 shares. The stock had previously closed at C$14.56.

Caribbean Utilities Stock Performance

The firm has a fifty day moving average of C$14.63 and a 200-day moving average of C$14.23. The firm has a market cap of C$623.15 million, a P/E ratio of 12.13, a PEG ratio of 3.00 and a beta of 0.10. The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 125.07.

About Caribbean Utilities

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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.

Further Reading

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