Carnival Co. & plc (NYSE:CUK - Get Free Report) shares shot up 4% on Tuesday . The company traded as high as $17.08 and last traded at $17.04. 608,280 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 1,998,876 shares. The stock had previously closed at $16.38.
Carnival Co. & Price Performance
The company has a current ratio of 0.30, a quick ratio of 0.24 and a debt-to-equity ratio of 3.10. The stock has a 50-day moving average price of $15.13 and a 200 day moving average price of $14.82. The stock has a market capitalization of $3.23 billion, a price-to-earnings ratio of 26.44 and a beta of 2.74.
Carnival Co. & (NYSE:CUK - Get Free Report) last posted its quarterly earnings data on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter. The company had revenue of $7.90 billion for the quarter. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. As a group, equities research analysts expect that Carnival Co. & plc will post 1.33 earnings per share for the current year.
Institutional Trading of Carnival Co. &
A number of hedge funds and other institutional investors have recently modified their holdings of CUK. EntryPoint Capital LLC increased its position in shares of Carnival Co. & by 595.8% during the first quarter. EntryPoint Capital LLC now owns 2,011 shares of the company's stock worth $30,000 after acquiring an additional 1,722 shares during the period. Signaturefd LLC boosted its stake in shares of Carnival Co. & by 56.7% in the 2nd quarter. Signaturefd LLC now owns 5,671 shares of the company's stock valued at $98,000 after buying an additional 2,053 shares during the period. Blue Trust Inc. acquired a new position in shares of Carnival Co. & during the second quarter worth about $40,000. Point72 Asset Management L.P. purchased a new stake in shares of Carnival Co. & during the second quarter worth approximately $48,000. Finally, BNP Paribas Financial Markets acquired a new stake in Carnival Co. & in the first quarter valued at approximately $76,000. 23.80% of the stock is 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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