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) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$13.49 and traded as high as C$14.01. Caribbean Utilities shares last traded at C$14.01, with a volume of 2,731 shares changing hands.

Caribbean Utilities Price Performance

The firm’s 50 day simple moving average is C$13.51 and its two-hundred day simple moving average is C$13.43. 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 firm has a market capitalization of C$619.20 million, a P/E ratio of 13.19, a P/E/G ratio of 3.00 and a beta of 0.21.

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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