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Caribbean Utilities (TSE:CUP.U) Stock Crosses Below 50-Day Moving Average - Here's What Happened

Caribbean Utilities logo with Utilities background

Caribbean Utilities Company Ltd (TSE:CUP.U - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$13.33 and traded as low as C$12.90. Caribbean Utilities shares last traded at C$12.90, with a volume of 5,317 shares trading hands.

Caribbean Utilities Stock Up 0.9%

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 simple moving average is C$13.33 and its 200 day simple moving average is C$13.45. The firm has a market cap of C$499.19 million, a P/E ratio of 12.75, a price-to-earnings-growth ratio of 3.00 and a beta of 0.42.

Caribbean Utilities Company Profile

(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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