Caribbean Utilities (OTCMKTS:CUPUF) Shares Pass Below 200 Day Moving Average – Time to Sell?

by · The Cerbat Gem

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.96 and traded as low as $13.39. Caribbean Utilities shares last traded at $13.39, with a volume of 1,963 shares trading hands.

Caribbean Utilities Price Performance

The business’s 50-day moving average is $14.08 and its two-hundred day moving average is $13.96.

Caribbean Utilities Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Sunday, September 15th. Investors of record on Sunday, September 1st were given a dividend of $0.185 per share. This represents a $0.74 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date of this dividend was Friday, August 30th. Caribbean Utilities’s dividend payout ratio is 94.75%.

Caribbean Utilities Company Profile

(Get Free Report)

Caribbean Utilities Company, Ltd. engages in the generation, transmission, and distribution of electricity in Grand Cayman. The company generates electricity using diesel with 166 megawatts total installed capacity. It also operates nine transformer substations with approximately 436 miles of land-based high voltage transmission and distribution lines and 15 miles of high-voltage submarine cables.

See Also