Caribbean Utilities (TSE:CUP.U) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$14.33 and traded as high as C$14.50. Caribbean Utilities shares last traded at C$14.30, with a volume of 9,600 shares.

Caribbean Utilities Price Performance

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 fifty day simple moving average of C$14.33 and a two-hundred day simple moving average of C$13.77. The company has a market cap of C$603.59 million, a PE ratio of 12.95, a price-to-earnings-growth ratio of 3.00 and a beta of 0.17.

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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