Caribbean Utilities (TSE:CUP.U) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$13.94 and traded as low as C$13.86. Caribbean Utilities shares last traded at C$13.90, with a volume of 4,712 shares.

Caribbean Utilities Stock Performance

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 fifty day moving average is C$13.92 and its two-hundred day moving average is C$13.94. The firm has a market cap of C$533.34 million, a price-to-earnings ratio of 13.63, a PEG ratio of 3.00 and a beta of 0.42.

Caribbean Utilities Company Profile

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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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