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

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 - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,633.74 ($22.06) and traded as high as GBX 2,100 ($28.36). Carnival Co. & shares last traded at GBX 2,099 ($28.35), with a volume of 502,427 shares trading hands.

Carnival Co. & Stock Down 1.1%

The company has a market cap of £28.35 billion, a P/E ratio of 1,130.89, a price-to-earnings-growth ratio of 0.02 and a beta of 2.70. 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 firm's 50 day moving average price is GBX 1,985.82 and its 200-day moving average price is GBX 1,641.79.

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.