Shares of Carnival Co. & plc (NYSE:CUK - Get Free Report) shot up 5.4% during trading on Tuesday . The company traded as high as $24.06 and last traded at $24.55. 669,361 shares traded hands during trading, a decline of 54% from the average session volume of 1,443,836 shares. The stock had previously closed at $23.29.
Carnival Co. & Price Performance
The company has a market capitalization of $4.72 billion, a P/E ratio of 18.10 and a beta of 2.70. The business's 50-day simple moving average is $23.13 and its 200 day simple moving average is $19.20. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80.
Carnival Co. & (NYSE:CUK - Get Free Report) last announced 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 7.66% and a return on equity of 24.13%. As a group, sell-side analysts anticipate that Carnival Co. & plc will post 1.7 EPS for the current year.
Hedge Funds Weigh In On Carnival Co. &
Several hedge funds have recently made changes to their positions in the business. Blue Trust Inc. grew its stake in shares of Carnival Co. & by 18.7% in the 4th quarter. Blue Trust Inc. now owns 3,703 shares of the company's stock worth $83,000 after purchasing an additional 583 shares during the last quarter. Signaturefd LLC increased its position in shares of Carnival Co. & by 10.6% in the third quarter. Signaturefd LLC now owns 6,270 shares of the company's stock worth $105,000 after acquiring an additional 599 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Carnival Co. & by 28.7% in the fourth quarter. GAMMA Investing LLC now owns 2,926 shares of the company's stock worth $66,000 after acquiring an additional 652 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in shares of Carnival Co. & in the second quarter worth approximately $48,000. Finally, Truist Financial Corp purchased a new position in shares of Carnival Co. & in the fourth quarter worth approximately $208,000. Institutional investors and hedge funds own 23.80% of the company's stock.
About Carnival Co. &
(
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Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.
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