Caribbean Utilities (TSE:CUP.U) Reaches New 1-Year High – Here’s Why

Shares of Caribbean Utilities Company Ltd (TSE:CUP.U – Get Free Report) hit a new 52-week high during mid-day trading on Friday. The stock traded as high as C$15.01 and last traded at C$15.01, with a volume of 3,826 shares changing hands. The stock had previously closed at C$14.50.

Caribbean Utilities Stock Performance

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 stock has a fifty day moving average price of C$14.56 and a 200-day moving average price of C$14.42. The firm has a market cap of C$642.85 million, a price-to-earnings ratio of 12.83, a price-to-earnings-growth ratio of 3.00 and a beta of 0.12.

Caribbean Utilities Company Profile

(Get Free Report)

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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