Caribbean Utilities (TSE:CUP.U) Reaches New 52-Week High - What's Next?

Key Points

• The stock of Caribbean Utilities Company Ltd (TSE:CUP.U) reached a new 52-week high of C$15.99 during trading, showing an increase of 18.4% from its previous close of C$13.50.
• Caribbean Utilities has a market cap of C$613.54 million, a price-to-earnings ratio of 15.68, and a significant debt-to-equity ratio of 125.07.
• The company is primarily engaged in the generation, transmission, and distribution of electricity in Grand Cayman, Cayman Islands, while also providing ICT services.

Caribbean Utilities Company Ltd (TSE:CUP.U - ) reached a new 52-week high during trading on Monday . The stock traded as high as C$15.99 and last traded at C$15.99, with a volume of 15143 shares trading hands. The stock had previously closed at C$13.50.

Caribbean Utilities Stock Up 18.4%

The business's fifty day moving average is C$13.18 and its two-hundred day moving average is C$13.25. The stock has a market cap of C$613.54 million, a price-to-earnings ratio of 15.68, a PEG ratio of 3.00 and a beta of 0.42. The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 125.07.

Caribbean Utilities Company Profile

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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