Caribbean Utilities (TSE:CUP.U) Shares Cross Below 50-Day Moving Average – Here’s Why

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$13.44 and traded as low as C$13.31. Caribbean Utilities shares last traded at C$13.51, with a volume of 5,265 shares.

Caribbean Utilities Trading Up 0.1%

The stock has a fifty day moving average of C$13.44 and a 200 day moving average of C$13.32. 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 company has a market capitalization of C$574.47 million, a PE ratio of 12.17, a PEG ratio of 3.00 and a beta of 0.31.

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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