Carnival Co. & (NYSE:CUK) Share Price Crosses Above Two Hundred Day Moving Average of $14.48

Carnival Co. & plc (NYSE:CUK) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.48 and traded as high as $15.20. Carnival Co. & shares last traded at $15.10, with a volume of 2,275,622 shares changing hands.

Carnival Co. & Stock Up 7.3 %

The firm has a fifty day moving average of $15.30 and a 200-day moving average of $14.48. The company has a quick ratio of 0.24, a current ratio of 0.28 and a debt-to-equity ratio of 3.99. The firm has a market cap of $2.83 billion, a P/E ratio of 23.23 and a beta of 2.74.

Carnival Co. & (NYSE:CUK) last posted its quarterly earnings results on Tuesday, June 25th. The company reported $0.11 earnings per share for the quarter. The firm had revenue of $5.78 billion for the quarter. Carnival Co. & had a return on equity of 15.22% and a net margin of 3.86%. During the same period last year, the firm earned ($0.31) EPS.

Institutional Trading of Carnival Co. &

A number of large investors have recently added to or reduced their stakes in the company. EntryPoint Capital LLC raised its holdings in shares of Carnival Co. & by 595.8% in the 1st 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. GAMMA Investing LLC acquired a new position in Carnival Co. & during the fourth quarter worth approximately $33,000. Blue Trust Inc. bought a new stake in Carnival Co. & in the second quarter valued at approximately $40,000. Point72 Asset Management L.P. bought a new position in shares of Carnival Co. & during the 2nd quarter worth approximately $48,000. Finally, Quadrant Capital Group LLC increased its holdings in shares of Carnival Co. & by 131.3% during the 4th quarter. Quadrant Capital Group LLC now owns 3,300 shares of the company’s stock worth $56,000 after acquiring an additional 1,873 shares during the last quarter. Institutional investors and hedge funds own 23.80% of the company’s stock.

About Carnival Co. &

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.