Caribbean Utilities (TSE:CUP.U) Share Price Crosses Above 50-Day Moving Average of $14.99

Caribbean Utilities Company Ltd (TSE:CUP.U) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$14.99 and traded as high as C$15.27. Caribbean Utilities shares last traded at C$15.25, with a volume of 3,000 shares trading hands.

The stock has a market cap of C$571.72 million and a price-to-earnings ratio of 19.13. The company has a quick ratio of 0.53, a current ratio of 1.07 and a debt-to-equity ratio of 101.11. The business’s fifty day moving average is C$14.99 and its two-hundred day moving average is C$14.79.

Caribbean Utilities Company Profile (TSE:CUP.U)

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.

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