Caribbean Utilities (TSE:CUP.U) Shares Pass Above 50 Day Moving Average – Should You Sell?

Shares of Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$13.33 and traded as high as C$13.33. Caribbean Utilities shares last traded at C$13.20, with a volume of 5,867 shares.

Caribbean Utilities Stock Performance

The company has a market cap of C$562.14 million, a P/E ratio of 11.89, a PEG ratio of 3.00 and a beta of 0.23. 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 company has a 50 day moving average price of C$13.33 and a 200-day moving average price of C$13.32.

Caribbean Utilities Company Profile

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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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