Carnival Co. & (LON:CCL) Reaches New 52-Week High - Should You Buy?

Key Points

• Carnival Co. stock reached a new 52-week high during trading, peaking at GBX 2,138 ($28.35) before settling at GBX 2,084 ($27.63).
• The company has a market capitalization of £37.87 billion with a price-to-earnings ratio of 19.00 and a notably high debt-to-equity ratio of 312.11.
• Carnival operates primarily in the leisure travel industry across multiple global regions and offers various services, from cruise operations to hospitality.

Carnival Co. & plc (LON:CCL - Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 2,138 ($28.39) and last traded at GBX 2,084 ($27.67), with a volume of 459612 shares. The stock had previously closed at GBX 2,073 ($27.53).

Carnival Co. & Stock Performance

The company has a debt-to-equity ratio of 312.11, a current ratio of 0.29 and a quick ratio of 0.59. The stock has a market cap of £36.93 billion, a price-to-earnings ratio of 18.53, a price-to-earnings-growth ratio of 0.02 and a beta of 2.70. The stock's 50-day moving average is GBX 1,791.80 and its 200-day moving average is GBX 1,624.82.

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.