Caribbean Utilities (TSE:CUP.U) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Caribbean Utilities Company Ltd (TSE:CUP.U – Get Free Report) passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of C$14.53 and traded as high as C$14.85. Caribbean Utilities shares last traded at C$14.85, with a volume of 2,800 shares.

Caribbean Utilities Price Performance

The stock has a market cap of C$636.00 million, a P/E ratio of 12.69, a P/E/G ratio of 3.00 and a beta of 0.12. 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 50 day moving average price of C$14.53 and a 200 day moving average price of C$14.36.

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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