Caribbean Utilities (TSE:CUP.U) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$14.36 and traded as high as C$14.47. Caribbean Utilities shares last traded at C$14.01, with a volume of 3,700 shares traded.

Caribbean Utilities Trading Down 0.1%

The company has a debt-to-equity ratio of 125.07, a current ratio of 0.97 and a quick ratio of 0.27. The company has a market capitalization of C$598.46 million, a price-to-earnings ratio of 12.84, a price-to-earnings-growth ratio of 3.00 and a beta of 0.17. The business’s 50 day simple moving average is C$14.36 and its 200 day simple moving average is C$13.81.

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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