Caribbean Utilities (OTCMKTS:CUPUF) Stock Crosses Below 200-Day Moving Average – Here’s Why

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUFGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.28 and traded as low as $13.19. Caribbean Utilities shares last traded at $13.35, with a volume of 2,184 shares traded.

Caribbean Utilities Price Performance

The business’s 50-day moving average price is $13.34 and its 200-day moving average price is $13.28.

About Caribbean Utilities

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Caribbean Utilities Company, Ltd. engages in the generation, transmission, and distribution of electricity in Grand Cayman. The company generates electricity using diesel with 166 megawatts total installed capacity. It also operates nine transformer substations with approximately 436 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cables.

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