Caribbean Utilities (TSE:CUP.U) Shares Pass Above 50-Day Moving Average of $13.97

Shares of Caribbean Utilities Company Ltd (TSE:CUP.U) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$13.97 and traded as high as C$14.25. Caribbean Utilities shares last traded at C$13.99, with a volume of 442 shares traded.

Caribbean Utilities Price Performance

The company has a market cap of C$533.86 million, a PE ratio of 13.72, a price-to-earnings-growth ratio of 3.00 and a beta of 0.43. 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 has a 50 day moving average of C$13.97 and a 200-day moving average of C$13.77.

About Caribbean Utilities

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.