Caribbean Utilities (TSE:CUP.U) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$13.19 and traded as high as C$13.42. Caribbean Utilities shares last traded at C$13.21, with a volume of 900 shares changing hands.

Caribbean Utilities Trading Down 0.7%

The stock has a market cap of C$561.72 million, a P/E ratio of 11.90, a P/E/G ratio of 3.00 and a beta of 0.26. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 125.07. The company has a 50-day moving average price of C$13.19 and a two-hundred day moving average price of C$13.25.

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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