Caribbean Utilities (TSE:CUP.U) Reaches New 1-Year High – Still a Buy?

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

Caribbean Utilities Trading Up 4.2%

The company has a market capitalization of C$642.85 million, a price-to-earnings ratio of 12.83, a P/E/G ratio of 3.00 and a beta of 0.26. 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 business’s 50-day simple moving average is C$14.49 and its 200-day simple moving average is C$14.31.

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.

Further Reading

Receive News & Ratings for Caribbean Utilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caribbean Utilities and related companies with MarketBeat.com's FREE daily email newsletter.