Carnival Co. & plc (NYSE:CUK - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $19.50 and last traded at $19.15, with a volume of 752276 shares. The stock had previously closed at $18.43.
Carnival Co. & Trading Up 6.8 %
The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30. The stock has a market capitalization of $3.70 billion, a PE ratio of 30.31 and a beta of 2.74. The business's 50-day moving average is $15.49 and its two-hundred day moving average is $14.91.
Carnival Co. & (NYSE:CUK - Get Free Report) last posted its quarterly earnings results on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%. The firm had revenue of $7.90 billion during the quarter.
Institutional Investors Weigh In On Carnival Co. &
Hedge funds and other institutional investors have recently modified their holdings of the stock. EntryPoint Capital LLC raised its stake in shares of Carnival Co. & by 595.8% during the 1st quarter. EntryPoint Capital LLC now owns 2,011 shares of the company's stock worth $30,000 after buying an additional 1,722 shares during the last quarter. Signaturefd LLC raised its position in Carnival Co. & by 56.7% during the second quarter. Signaturefd LLC now owns 5,671 shares of the company's stock worth $98,000 after acquiring an additional 2,053 shares during the last quarter. Blue Trust Inc. purchased a new stake in shares of Carnival Co. & in the second quarter valued at about $40,000. Point72 Asset Management L.P. acquired a new stake in shares of Carnival Co. & in the second quarter valued at approximately $48,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Carnival Co. & in the first quarter valued at approximately $76,000. 23.80% of the stock is currently owned by institutional investors and hedge funds.
About Carnival Co. &
(
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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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