Caribbean Utilities (TSE:CUP.U) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$13.43 and traded as high as C$13.75. Caribbean Utilities shares last traded at C$13.75, with a volume of 1,568 shares trading hands.

Caribbean Utilities Trading Up 0.9%

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 business’s 50-day moving average is C$13.45 and its 200 day moving average is C$13.40. The firm has a market capitalization of C$595.73 million, a P/E ratio of 12.69, a price-to-earnings-growth ratio of 3.00 and a beta of 0.21.

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.

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