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

Caribbean Utilities Company Ltd (TSE:CUP.UGet Free Report)’s stock price traded up 0.4% during mid-day trading on Thursday . The stock traded as high as C$14.24 and last traded at C$14.24. 2,578 shares changed hands during mid-day trading, a decline of 34% from the average session 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 stock has a market cap of C$537.56 million, a price-to-earnings ratio of 13.74, a P/E/G ratio of 3.00 and a beta of 0.42. The stock has a fifty day moving average of C$13.88 and a 200 day moving average of 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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