Caribbean Utilities (TSE:CUP.U) Stock Price Crosses Below 200-Day Moving Average - Here's What Happened

Shares of Caribbean Utilities Company Ltd (TSE:CUP.U - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$13.74 and traded as low as C$13.30. Caribbean Utilities shares last traded at C$13.30, with a volume of 110 shares trading hands.

Caribbean Utilities Price Performance

The stock has a market capitalization of C$496.89 million, a price-to-earnings ratio of 12.70, a price-to-earnings-growth ratio of 3.00 and a beta of 0.42. The firm has a 50 day simple moving average of C$13.29 and a 200-day simple moving average of C$13.71. The company has a debt-to-equity ratio of 125.07, a current ratio of 0.97 and a quick ratio of 0.27.

About Caribbean Utilities

Caribbean Utilities Company, Ltd. engages in the electricity generation, transmission, and distribution activities in Grand Cayman, the Cayman Islands. The company generates electricity using diesel. As of December 31, 2018, it operated diesel generating units with an installed generating capacity of 161 megawatts; and 8 transformer substations with approximately 441 miles of land-based high-voltage transmission and distribution lines, and 15 miles of high-voltage submarine cable.