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

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$14.29 and traded as high as C$14.76. Caribbean Utilities shares last traded at C$14.70, with a volume of 4,810 shares changing hands.

Caribbean Utilities Trading Up 0.7%

The stock has a 50-day simple moving average of C$14.29 and a two-hundred day simple moving average of C$13.71. 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 firm has a market cap of C$628.38 million, a PE ratio of 13.49, a price-to-earnings-growth ratio of 3.00 and a beta of 0.17.

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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