Caribbean Utilities (TSE:CUP.U) Shares Pass Above 50-Day Moving Average – What’s Next?

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$13.43 and traded as high as C$13.50. Caribbean Utilities shares last traded at C$13.45, with a volume of 1,900 shares changing hands.

Caribbean Utilities Price Performance

The company has a debt-to-equity ratio of 125.07, a quick ratio of 0.27 and a current ratio of 0.97. The company has a market cap of C$573.21 million, a price-to-earnings ratio of 12.13, a PEG ratio of 3.00 and a beta of 0.34. The business has a fifty day moving average price of C$13.44 and a 200 day moving average price of C$13.32.

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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