Caribbean Utilities (TSE:CUP.U) Stock Passes Above Fifty Day Moving Average – What’s Next?

Caribbean Utilities Company Ltd (TSE:CUP.U) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$14.02 and traded as high as C$14.95. Caribbean Utilities shares last traded at C$14.95, with a volume of 3,400 shares changing hands.

Caribbean Utilities Trading Up 0.7%

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 firm has a market cap of C$639.07 million, a price-to-earnings ratio of 13.72, a price-to-earnings-growth ratio of 3.00 and a beta of 0.13. The business has a 50 day moving average of C$14.02 and a 200 day moving average of C$13.58.

About Caribbean Utilities

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.