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Carnival Co. & (LON:CCL) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Carnival Co. & logo with Consumer Cyclical background

Carnival Co. & plc (LON:CCL - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,425.45 ($17.45) and traded as high as GBX 1,849 ($22.63). Carnival Co. & shares last traded at GBX 1,823.50 ($22.32), with a volume of 611,996 shares changing hands.

Carnival Co. & Stock Performance

The company has a debt-to-equity ratio of 352.36, a current ratio of 0.30 and a quick ratio of 0.59. The company has a fifty day moving average price of GBX 1,780.93 and a 200 day moving average price of GBX 1,425.45. The stock has a market cap of £2.64 billion, a P/E ratio of 2,050.56, a P/E/G ratio of 0.02 and a beta of 2.70.

About Carnival Co. &

(Get Free Report)

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

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