Carnival Co. & (LON:CCL) Stock Price Passes Above 200 Day Moving Average - Here's Why

Key Points

• Carnival Co. & plc stock has surpassed its 200-day moving average of GBX 1,633.74 and was recently trading at GBX 2,099 ($28.24) with a volume of 502,427 shares.
• The company's market capitalization is approximately £37.89 billion, with a P/E ratio of 19.01 and a high debt-to-equity ratio of 312.11.
• Carnival Corporation operates in the leisure travel sector with diverse offerings including cruise operations, port destinations, and hotel services across multiple regions globally.

Carnival Co. & plc (LON:CCL - ) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1,633.74 ($21.98) and traded as high as GBX 2,100 ($28.25). Carnival Co. & shares last traded at GBX 2,099 ($28.24), with a volume of 502,427 shares.

Carnival Co. & Trading Down 0.1%

The firm has a 50 day simple moving average of GBX 1,938.52 and a 200 day simple moving average of GBX 1,633.74. 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 has a market cap of £37.89 billion, a P/E ratio of 19.01, a P/E/G ratio of 0.02 and a beta of 2.70.

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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