Caribbean Utilities (TSE:CUP.U) Stock Price Passes Above Fifty Day Moving Average - Should You Sell?

Key Points

• Caribbean Utilities Company's stock (TSE:CUP.U) crossed above its 50-day moving average of C$13.23, trading as high as C$13.58 recently.
• The company has a market capitalization of C$577.45 million and a price-to-earnings ratio of 12.23, indicating its current valuation in the market.
• Caribbean Utilities is primarily engaged in the generation, transmission, and distribution of electricity in Grand Cayman, also providing ICT services.

Caribbean Utilities Company Ltd (TSE:CUP.U - Get Free Report)'s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$13.23 and traded as high as C$13.58. Caribbean Utilities shares last traded at C$13.58, with a volume of 15,510 shares.

Caribbean Utilities Stock Up 2.7%

The firm has a fifty day moving average price of C$13.25 and a 200 day moving average price of C$13.26. The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 125.07. The company has a market cap of C$592.76 million, a P/E ratio of 12.56, a PEG ratio of 3.00 and a beta of 0.26.

About Caribbean Utilities

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.