Caribbean Utilities (TSE:CUP.U) Share Price Passes Above 50-Day Moving Average – What’s Next?

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$14.29 and traded as high as C$14.76. Caribbean Utilities shares last traded at C$14.70, with a volume of 4,810 shares traded.

Caribbean Utilities Trading Up 0.7%

The firm has a market capitalization of C$628.38 million, a P/E ratio of 13.49, a P/E/G ratio of 3.00 and a beta of 0.17. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 125.07. The stock has a 50 day simple moving average of C$14.29 and a 200-day simple moving average of C$13.71.

About Caribbean Utilities

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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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