Shares of Caribbean Utilities Company Ltd (TSE:CUP.U – Get Rating) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$13.79 and traded as low as C$13.51. Caribbean Utilities shares last traded at C$13.51, with a volume of 191 shares trading hands.
Wall Street Analyst Weigh In
Separately, TD Securities lowered their target price on shares of Caribbean Utilities from C$15.50 to C$15.00 and set a “hold” rating on the stock in a research note on Friday, May 5th.
Caribbean Utilities Stock Performance
The company has a market cap of C$509.87 million, a P/E ratio of 15.71, a price-to-earnings-growth ratio of 3.00 and a beta of 0.57. The company has a current ratio of 0.92, a quick ratio of 0.27 and a debt-to-equity ratio of 121.55. The company’s fifty day moving average is C$13.79 and its 200 day moving average is C$13.91.
Caribbean Utilities Company Profile
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.
- Ralph Lauren’s Styled Dividend Is Still In Season
- Dollar Tree Falls As Theft Cuts Into Bottom Line
- Best Buy’s Comeback Is Still At Play, Earnings Call For Patience
- e.l.f. Beauty Has Giant Quarter, Shares Hit New High
- If You Can Only Pick One Stock For The Rest Of 2023, Pick Nvidia
Receive News & Ratings for Caribbean Utilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caribbean Utilities and related companies with MarketBeat.com's FREE daily email newsletter.