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Caribbean Utilities (TSE:CUP.U) Shares Pass Below Two Hundred Day Moving Average - Here's Why

Caribbean Utilities logo with Utilities background

Caribbean Utilities Company Ltd (TSE:CUP.U - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$13.95 and traded as low as C$13.89. Caribbean Utilities shares last traded at C$13.90, with a volume of 800 shares trading hands.

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 business's 50-day moving average is C$13.89 and its 200-day moving average is C$13.95. The company has a market capitalization of C$518.00 million, a PE ratio of 13.24, a PEG ratio of 3.00 and a beta of 0.42.

Caribbean Utilities Company Profile

(Get Free Report)

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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