Carnival Co. & (LON:CCL) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Key Points

• Carnival Co. & shares crossed above their 200-day moving average, reaching a current price of GBX 2,073 ($27.49) with a market cap of £37.35 billion.
• The stock shows a P/E ratio of 18.73 and a notably high debt-to-equity ratio of 312.11, indicating substantial leverage.
• Carnival operates a range of leisure travel services globally, including cruise operations and related support activities in multiple regions.

Carnival Co. & plc (LON:CCL - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,623.87 ($21.55) and traded as high as GBX 2,090 ($27.74). Carnival Co. & shares last traded at GBX 2,073 ($27.52), with a volume of 475,372 shares.

Carnival Co. & Price Performance

The company has a current ratio of 0.29, a quick ratio of 0.59 and a debt-to-equity ratio of 312.11. The company has a market cap of £36.04 billion, a P/E ratio of 18.08, a PEG ratio of 0.02 and a beta of 2.70. The business's fifty day moving average is GBX 1,791.80 and its 200 day moving average is GBX 1,626.22.

Carnival Co. & Company Profile

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.