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

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$14.48 and traded as high as C$14.60. Caribbean Utilities shares last traded at C$14.60, with a volume of 406 shares.

Caribbean Utilities Stock Performance

The business has a 50-day moving average price of C$14.48 and a 200-day moving average price of C$14.27. The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 125.07. The firm has a market capitalization of C$625.29 million, a price-to-earnings ratio of 12.48, a P/E/G ratio of 3.00 and a beta of 0.26.

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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