Caribbean Utilities (TSE:CUP.U) Shares Pass Above 50 Day Moving Average – Time to Sell?

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$13.24 and traded as high as C$13.26. Caribbean Utilities shares last traded at C$13.25, with a volume of 2,320 shares.

Caribbean Utilities Stock Performance

The firm’s fifty day moving average is C$13.24 and its 200-day moving average is C$13.60. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 125.07. The stock has a market capitalization of C$508.40 million, a PE ratio of 12.99, a price-to-earnings-growth ratio of 3.00 and a beta of 0.42.

About Caribbean Utilities

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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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