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)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$13.40 and traded as high as C$13.50. Caribbean Utilities shares last traded at C$13.40, with a volume of 4,300 shares.

Caribbean Utilities Trading Up 0.1%

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 stock has a fifty day simple moving average of C$13.40 and a 200 day simple moving average of C$13.38. The firm has a market capitalization of C$572.26 million, a P/E ratio of 12.19, a PEG ratio of 3.00 and a beta of 0.14.

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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