Caribbean Utilities (TSE:CUP.U) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$14.21 and traded as low as C$13.90. Caribbean Utilities shares last traded at C$14.01, with a volume of 4,240 shares trading hands.

Caribbean Utilities Stock Performance

The company has a debt-to-equity ratio of 125.07, a current ratio of 0.97 and a quick ratio of 0.27. The company’s 50-day moving average price is C$14.21 and its two-hundred day moving average price is C$13.66. The company has a market capitalization of C$598.89 million, a price-to-earnings ratio of 12.85, a PEG ratio of 3.00 and a beta of 0.13.

About Caribbean Utilities

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Caribbean Utilities Co Ltd is a Canada based company, principally engaged in the generation, transmission, and distribution of electricity in its license area of Grand Cayman, Cayman Islands. The company also provides fibre optic infrastructure and other information and communication technology (ICT) services to the ICT industry.

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