Carnival Co. & plc (NYSE:CUK - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $15.14 and traded as high as $19.70. Carnival Co. & shares last traded at $19.60, with a volume of 1,398,783 shares.
Carnival Co. & Price Performance
The stock's 50-day moving average price is $16.34 and its 200 day moving average price is $15.17. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 17.17 and a beta of 2.74.
Carnival Co. & (NYSE:CUK - Get Free Report) last released its earnings results on Monday, September 30th. The company reported $1.27 earnings per share for the quarter. The business had revenue of $7.90 billion for the quarter. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Acadian Asset Management LLC purchased a new position in Carnival Co. & during the first quarter worth about $9,001,000. QRG Capital Management Inc. acquired a new position in Carnival Co. & in the first quarter valued at approximately $1,189,000. Cubist Systematic Strategies LLC increased its stake in Carnival Co. & by 65.6% during the second quarter. Cubist Systematic Strategies LLC now owns 147,010 shares of the company's stock worth $2,532,000 after acquiring an additional 58,261 shares during the last quarter. Millennium Management LLC increased its stake in Carnival Co. & by 20.0% during the second quarter. Millennium Management LLC now owns 1,061,079 shares of the company's stock worth $18,272,000 after acquiring an additional 177,207 shares during the last quarter. Finally, EntryPoint Capital LLC raised its position in Carnival Co. & by 595.8% in the first quarter. EntryPoint Capital LLC now owns 2,011 shares of the company's stock valued at $30,000 after purchasing an additional 1,722 shares during the period. Institutional investors and hedge funds own 23.80% of the company's stock.
Carnival Co. & Company Profile
(
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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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