Carnival Co. & (LON:CCL) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Carnival Co. & plc stock price surpassed its 200-day moving average, trading at GBX 1,955.50 ($26.36) after reaching a high of GBX 1,978 ($26.66).
• The company reported a quarterly EPS of GBX 141 and maintains a significant market cap of £26.86 billion.
• Carnival Co. has a notably high price-to-earnings ratio of 1,020.88 and a debt-to-equity ratio of 312.11, indicating substantial financial leverage.

Carnival Co. & plc (LON:CCL - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,729.77 ($23.32) and traded as high as GBX 1,978 ($26.66). Carnival Co. & shares last traded at GBX 1,955.50 ($26.36), with a volume of 390,778 shares.

Carnival Co. & Stock Performance

The stock has a market cap of £26.86 billion, a price-to-earnings ratio of 1,020.88, a price-to-earnings-growth ratio of 0.02 and a beta of 2.70. 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's 50-day moving average is GBX 2,060.07 and its 200-day moving average is GBX 1,729.77.

Carnival Co. & (LON:CCL - Get Free Report) last announced its quarterly earnings data on Monday, September 29th. The company reported GBX 141 EPS for the quarter. Carnival Co. & had a return on equity of 24.45% and a net margin of 7.66%.

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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