Caribbean Utilities (OTCMKTS:CUPUF) Stock Breaks Above 50-Day Moving Average – Here’s Why

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) shares crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $14.66 and traded as high as $14.8120. Caribbean Utilities shares last traded at $14.8120, with a volume of 420 shares changing hands.

Caribbean Utilities Stock Performance

The company has a 50 day simple moving average of $14.66 and a 200 day simple moving average of $14.21.

Caribbean Utilities Company Profile

Caribbean Utilities Company, Ltd. is an electric utility serving Grand Cayman in the Cayman Islands. The company generates, transmits and distributes electricity to residential, commercial and industrial customers across the island. Its operations include power generation facilities, an electricity transmission network and a distribution system that delivers service to customers throughout Grand Cayman. Caribbean Utilities also supports the integration of renewable-energy resources and customer-owned generation into the island’s electric system.