Caribbean Utilities (TSE:CUP.U) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Caribbean Utilities Company Ltd (TSE:CUP.U) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$13.94 and traded as low as C$13.86. Caribbean Utilities shares last traded at C$13.90, with a volume of 4,712 shares traded.

Caribbean Utilities Stock Down 0.6 %

The company has a quick ratio of 0.27, a current ratio of 0.97 and a debt-to-equity ratio of 125.07. The business has a 50-day simple moving average of C$13.92 and a 200-day simple moving average of C$13.94. The stock has a market cap of C$533.34 million, a P/E ratio of 13.63, a PEG ratio of 3.00 and a beta of 0.42.

About Caribbean Utilities

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.