Carnival Co. & (NYSE:CUK) Stock Price Down 5.2% - Should You Sell?

Carnival Co. & plc (NYSE:CUK - Get Free Report)'s stock price was down 5.2% on Monday . The stock traded as low as $23.00 and last traded at $23.05. Approximately 529,019 shares traded hands during trading, a decline of 72% from the average daily volume of 1,912,691 shares. The stock had previously closed at $24.32.

Carnival Co. & Stock Down 4.1 %

The firm has a market capitalization of $4.38 billion, a P/E ratio of 20.83 and a beta of 2.72. The stock's 50-day simple moving average is $21.88 and its 200-day simple moving average is $17.75. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10.

Carnival Co. & (NYSE:CUK - Get Free Report) last released its earnings results on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%.

Insider Transactions at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of the firm's stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total transaction of $380,100.00. Following the sale, the director now owns 65,789 shares in the company, valued at $1,428,937.08. This trade represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.08% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Signaturefd LLC grew its stake in shares of Carnival Co. & by 10.6% in the 3rd quarter. Signaturefd LLC now owns 6,270 shares of the company's stock worth $105,000 after buying an additional 599 shares during the last quarter. Blue Trust Inc. grew its position in Carnival Co. & by 34.6% during the 3rd quarter. Blue Trust Inc. now owns 3,120 shares of the company's stock valued at $54,000 after purchasing an additional 802 shares during the last quarter. Point72 Asset Management L.P. purchased a new position in Carnival Co. & in the second quarter worth about $48,000. Mercer Global Advisors Inc. ADV lifted its stake in shares of Carnival Co. & by 14.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 51,322 shares of the company's stock worth $884,000 after buying an additional 6,517 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Carnival Co. & by 13.0% during the second quarter. American Century Companies Inc. now owns 82,846 shares of the company's stock valued at $1,427,000 after buying an additional 9,529 shares during the last quarter. Institutional investors own 23.80% of the company's stock.

About Carnival Co. &

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.