Caribbean Utilities (TSE:CUP.U) Reaches New 52-Week High – Here’s What Happened

Caribbean Utilities Company Ltd (TSE:CUP.U – Get Free Report)’s share price hit a new 52-week high on Friday. The company traded as high as C$15.01 and last traded at C$15.01, with a volume of 240 shares changing hands. The stock had previously closed at C$14.41.

Caribbean Utilities Stock Up 4.2%

The firm’s 50-day moving average is C$14.49 and its two-hundred day moving average is C$14.31. The company has a debt-to-equity ratio of 125.07, a quick ratio of 0.27 and a current ratio of 0.97. The stock has a market cap of C$642.85 million, a P/E ratio of 12.83, a PEG ratio of 3.00 and a beta of 0.26.

About Caribbean Utilities

(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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