Caribbean Utilities (TSE:CUP.U) Stock Falls 0.1% – Here’s What Happened

Caribbean Utilities Company Ltd (TSE:CUP.U – Get Free Report)’s stock price was down 0.1% during trading on Friday. The stock traded as low as C$14.55 and last traded at C$14.55. 5,700 shares traded hands during mid-day trading, an increase of 93% from the average daily volume of 2,960 shares. The stock had previously closed at C$14.56.

Caribbean Utilities Trading Down 0.1%

The firm has a market capitalization of C$623.15 million, a price-to-earnings ratio of 12.13, a P/E/G ratio of 3.00 and a beta of 0.10. 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 firm’s 50-day simple moving average is C$14.63 and its 200 day simple moving average is C$14.23.

Caribbean Utilities Company Profile

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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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