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

Key Points

• Caribbean Utilities Company Ltd (TSE:CUP.U) shares have surpassed their 50-day moving average, which is currently at C$13.24, and last traded at C$13.25.
• The company holds a market capitalization of C$508.40 million, a P/E ratio of 12.99, and a beta of 0.42, indicating low volatility compared to the market.
• Caribbean Utilities operates primarily in the generation, transmission, and distribution of electricity in Grand Cayman, along with providing ICT services.

Caribbean Utilities Company Ltd (TSE:CUP.U - ) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$13.24 and traded as high as C$13.29. Caribbean Utilities shares last traded at C$13.25, with a volume of 4,700 shares trading hands.

Caribbean Utilities Stock Performance

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 stock's 50-day moving average is C$13.24 and its 200 day moving average is C$13.26. The firm has a market cap of C$508.40 million, a P/E ratio of 12.99, a PEG ratio of 3.00 and a beta of 0.42.

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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