Shares of Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF – Get Free Report) passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $14.54 and traded as high as $14.8410. Caribbean Utilities shares last traded at $14.8410, with a volume of 177 shares.
Caribbean Utilities Price Performance
The business’s 50-day simple moving average is $14.55 and its two-hundred day simple moving average is $14.36.
About Caribbean Utilities
Caribbean Utilities Company, Ltd. is an integrated electric utility serving Grand Cayman in the Cayman Islands. The company generates, transmits and distributes electricity to residential, commercial, industrial and government customers across the island.
Founded in 1966, Caribbean Utilities has developed and maintained the power-generation facilities, substations, transmission lines and distribution infrastructure needed to support Grand Cayman’s electricity system. Its operations also include customer connections, metering, system maintenance and other services associated with the delivery of electricity.
The company operates in a regulated environment and has pursued initiatives to accommodate renewable energy and improve the reliability and efficiency of its power system.
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