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

Key Points

• Carnival Co. & plc stock price has surpassed its 200-day moving average of GBX 1,631.81, trading as high as GBX 2,055.
• The company's market cap is currently £35.85 billion with a high beta of 2.70, indicating significant volatility.
• Carnival Co. & operates through multiple segments offering leisure travel services across North America, Europe, and Asia, including cruise operations and hotel management.

Carnival Co. & plc (LON:CCL - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,631.81 ($21.95) and traded as high as GBX 2,055 ($27.64). Carnival Co. & shares last traded at GBX 2,001 ($26.91), with a volume of 511,303 shares traded.

Carnival Co. & Stock Down 0.9%

The company has a debt-to-equity ratio of 312.11, a quick ratio of 0.59 and a current ratio of 0.29. The firm's 50 day moving average price is GBX 1,839.53 and its two-hundred day moving average price is GBX 1,630.51. The company has a market cap of £35.84 billion, a P/E ratio of 17.98, a price-to-earnings-growth ratio of 0.02 and a beta of 2.70.

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.