Carnival Co. & (NYSE:CUK) Share Price Crosses Above 200-Day Moving Average - Time to Sell?

Carnival Co. & plc (NYSE:CUK - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $18.02 and traded as high as $22.91. Carnival Co. & shares last traded at $22.61, with a volume of 922,751 shares trading hands.

Carnival Co. & Trading Down 0.4 %

The stock has a market capitalization of $4.22 billion, a PE ratio of 20.10 and a beta of 2.72. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10. The firm has a 50-day moving average price of $22.31 and a 200-day moving average price of $18.08.

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

Insider Buying and Selling

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

Institutional Trading of Carnival Co. &

A number of institutional investors have recently modified their holdings of CUK. Renaissance Technologies LLC lifted its holdings in Carnival Co. & by 13.5% during the 2nd quarter. Renaissance Technologies LLC now owns 2,360,800 shares of the company's stock worth $40,653,000 after purchasing an additional 281,300 shares in the last quarter. Two Sigma Advisers LP increased its position in shares of Carnival Co. & by 52.4% during the third quarter. Two Sigma Advisers LP now owns 774,200 shares of the company's stock valued at $12,906,000 after buying an additional 266,200 shares during the period. Millennium Management LLC lifted its holdings in shares of Carnival Co. & by 20.0% in the second quarter. Millennium Management LLC now owns 1,061,079 shares of the company's stock worth $18,272,000 after buying an additional 177,207 shares in the last quarter. Maven Securities LTD bought a new position in shares of Carnival Co. & in the third quarter valued at approximately $2,110,000. Finally, Anthracite Investment Company Inc. purchased a new position in Carnival Co. & during the third quarter valued at approximately $1,872,000. 23.80% of the stock is currently owned by hedge funds and other institutional investors.

Carnival Co. & Company Profile

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.