Carnival Co. & (LON:CCL) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Carnival Co. & plc's share price has surpassed its 200-day moving average, reaching a high of GBX 2,074.50 ($27.80) during trading.
• The company has a market capitalization of £26.96 billion and is characterized by a high PE ratio of 1,075.39.
• Despite a strong share price movement, Carnival Co. & has a low liquidity position with a current ratio of 0.29 and a debt-to-equity ratio of 312.11.

Carnival Co. & plc (LON:CCL - )'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,702.36 ($22.81) and traded as high as GBX 2,074.50 ($27.80). Carnival Co. & shares last traded at GBX 2,054 ($27.53), with a volume of 318,351 shares changing hands.

Carnival Co. & Stock Performance

The firm has a market cap of £26.96 billion, a PE ratio of 1,075.39, a P/E/G ratio of 0.02 and a beta of 2.70. The firm has a 50-day moving average price of GBX 2,068.51 and a two-hundred day moving average price of GBX 1,702.36. The company has a quick ratio of 0.59, a current ratio of 0.29 and a debt-to-equity ratio of 312.11.

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.

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