Carnival Corporation (NYSE:CUK - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.72 and traded as high as $21.56. Carnival shares last traded at $21.55, with a volume of 3,558,097 shares changing hands.
Carnival Stock Performance
The firm's fifty day moving average price is $19.29 and its 200-day moving average price is $20.71. The company has a current ratio of 0.26, a quick ratio of 0.21 and a debt-to-equity ratio of 2.78. The firm has a market cap of $4.01 billion, a price-to-earnings ratio of 14.22 and a beta of 2.67.
Carnival (NYSE:CUK - Get Free Report) last issued its earnings results on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. Carnival had a net margin of 8.07% and a return on equity of 26.53%. The business had revenue of $5.81 billion during the quarter, compared to analysts' expectations of $6.19 billion. Analysts expect that Carnival Corporation will post 1.7 earnings per share for the current year.
Institutional Trading of Carnival
Several institutional investors and hedge funds have recently bought and sold shares of CUK. Legal & General Group Plc raised its position in Carnival by 106.2% during the 4th quarter. Legal & General Group Plc now owns 6,917 shares of the company's stock worth $156,000 after buying an additional 3,562 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in Carnival during the 4th quarter valued at about $158,000. First Trust Advisors LP purchased a new position in Carnival during the 4th quarter valued at about $202,000. Ameriprise Financial Inc. acquired a new stake in shares of Carnival during the 4th quarter worth about $206,000. Finally, Truist Financial Corp acquired a new stake in shares of Carnival during the 4th quarter worth about $208,000. Hedge funds and other institutional investors own 23.80% of the company's stock.
About Carnival
(
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Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.
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