Caribbean Utilities (TSE:CUP.U) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$14.47 and traded as high as C$14.50. Caribbean Utilities shares last traded at C$14.50, with a volume of 3,225 shares traded.

Caribbean Utilities Stock Performance

The stock has a market cap of C$619.83 million, a price-to-earnings ratio of 12.39, a price-to-earnings-growth ratio of 3.00 and a beta of 0.26. 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 50-day simple moving average is C$14.47 and its two-hundred day simple moving average is C$14.23.

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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