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Caribbean Utilities (TSE:CUP.U) Shares Up 0.4% - What's Next?

Caribbean Utilities logo with Utilities background

Caribbean Utilities Company Ltd (TSE:CUP.U - Get Free Report) shot up 0.4% during trading on Thursday . The company traded as high as C$14.24 and last traded at C$14.24. 2,578 shares traded hands during trading, a decline of 34% from the average session volume of 3,890 shares. The stock had previously closed at C$14.19.

Caribbean Utilities Stock Down 1.6 %

The company has a market cap of C$537.56 million, a PE ratio of 13.74, a P/E/G ratio of 3.00 and a beta of 0.42. The business has a 50-day simple moving average of C$13.88 and a 200-day simple moving average of C$13.94. The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 125.07.

About Caribbean Utilities

(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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