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

Shares of Caribbean Utilities Company Ltd (TSE:CUP.U) were up 0.4% on Thursday . The stock 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 Stock Up 0.4 %

The company has a market capitalization of C$546.39 million, a P/E ratio of 13.96, a price-to-earnings-growth ratio of 3.00 and a beta of 0.42. The company has a current ratio of 0.97, a quick ratio of 0.27 and a debt-to-equity ratio of 125.07. The stock’s fifty day moving average is C$13.88 and its 200 day moving average is C$13.94.

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.