Caribbean Utilities (TSE:CUP.U) Share Price Crosses Below Fifty Day Moving Average - Here's Why

Caribbean Utilities Company Ltd (TSE:CUP.U - Get Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$13.25 and traded as low as C$13.16. Caribbean Utilities shares last traded at C$13.22, with a volume of 2,028 shares trading hands.

Caribbean Utilities Trading Down 0.3%

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 business has a 50 day simple moving average of C$13.25 and a two-hundred day simple moving average of C$13.51. The stock has a market cap of C$510.32 million, a price-to-earnings ratio of 13.04, a price-to-earnings-growth ratio of 3.00 and a beta of 0.42.

Caribbean Utilities Company Profile

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.