Caribbean Utilities (TSE:CUP.U) Trading 0.4% Higher – Still a Buy?

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report)’s share price rose 0.4% during mid-day trading on Thursday . The company traded as high as C$14.24 and last traded at C$14.24. Approximately 2,578 shares were traded during trading, a decline of 34% from the average daily volume of 3,890 shares. The stock had previously closed at C$14.19.

Caribbean Utilities Price 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 firm has a market cap of C$537.56 million, a P/E ratio of 13.74, a PEG ratio of 3.00 and a beta of 0.42. The stock’s 50-day simple moving average is C$13.88 and its two-hundred day simple moving average is C$13.94.

Caribbean Utilities Company Profile

(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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