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Caribbean Utilities (TSE:CUP.U) Shares Pass Above Fifty Day Moving Average - What's Next?

Caribbean Utilities logo with Utilities background

Key Points

  • Caribbean Utilities Company's stock price surpassed its 50-day moving average of C$13.24, trading at C$13.10 with a volume of 837 shares on Wednesday.
  • The firm has a market capitalization of C$502.65 million, a price-to-earnings ratio of 12.84, and a high debt-to-equity ratio of 125.07.
  • Caribbean Utilities is involved in the generation, transmission, and distribution of electricity in Grand Cayman, while also providing fibre optic infrastructure and ICT services.
  • Need Better Tools to Track Caribbean Utilities? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Caribbean Utilities Company Ltd (TSE:CUP.U - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$13.24 and traded as high as C$13.25. Caribbean Utilities shares last traded at C$13.10, with a volume of 837 shares traded.

Caribbean Utilities Price Performance

The stock has a 50 day simple moving average of C$13.23 and a two-hundred day simple moving average of C$13.30. The company has a market cap of C$495.74 million, a price-to-earnings ratio of 12.67, a price-to-earnings-growth ratio of 3.00 and a beta of 0.42. 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

(Get Free Report)

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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