Carnival Corporation & plc (NYSE:CUK) finished Wednesday with a subtraction of -$0.02 to close at $6.84, a downside of -0.29 percent. An average of 2,220,140 shares of common stock have been traded in the last five days. There was a fall of -$0.37 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 1,971,620 shares traded, while the 50-day average volume stands at 2,368,512.
CUK stock has decreased by -18.86% in the last month. The company shares reached their 1-month lowest point of $6.74 on 12/23/22. With the stock rallying to its 52-week high on 02/10/22, shares of the company touched a low of $5.43 and a high of $22.12 in 52 weeks. It has reached a new high 5 times so far this year and lost -63.01% or -$11.65 in price. In spite of this, the price is down -69.08% from the 52-week high.
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CUK stock investors should be aware that Carnival Corporation & plc (CUK) stock had its last reported insider trading activity 259 days ago on May 25. In this transaction, the insider spent $125,548. Group CEO – Costa Crociere, Thamm Michael Olaf, disposed of 3,841 shares at a price of $20.62 on Feb 15. The insider now owns more than $79,195 worth of shares. Prior to that, President & CEO DONALD ARNOLD W went on to Sale 95,796 shares at $19.08 each on Jan 28. An amount of $1,827,970 was transacted.
Carnival Corporation & plc (CUK) stock’s beta is 2.19. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.79, the price-to-book (PB) ratio at 0.97.
The quick ratio of Carnival Corporation & plc for the recent quarter was 0.60, and the current ratio was 0.70, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 3.40 and a total debt to equity ratio of 4.07 for the recent quarter. Carnival Corporation & plc’s EBITDA margin is -17.29%, while its operating margin for the same period stands at -62.40%. Its gross profit as reported stood at -$2.15 billion compared to revenue of $1.91 billion.
From a technical analysis perspective, let’s take a brief look at Carnival Corporation & plc (CUK) price momentum. RSI 9-day as of the close on 28 December was 25.45%, suggesting the stock is oversold, with historical volatility in this time frame at 44.38%.
As of today, CUK’s price is $7.04 -5.13% or -$0.37 from its 5-day moving average. CUK is currently trading -21.92% lower than its 20-day SMA and -23.32% lower than its 100-day SMA. However, the stock’s current price level is +5.88% above the SMA50 and -57.12% below the SMA200.
The stochastic %K and %D were 7.73% and 9.64%, respectively, and the average true range (ATR) was 0.43. With the 14-day stochastic at 5.06% and the average true range at 0.44, the RSI (14) stands at 32.48%. The stock has reached -0.32 on the 9-day MACD Oscillator while the 14-day reading was at -0.62.
Berenberg upgraded Carnival Corporation & plc (NYSE: CUK) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Sell. The consensus rating for Carnival Corporation & plc (CUK) among analysts is Hold. According to current brokerage recommendations, 4 brokerage firms advise that investors sell CUK, while 9 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 6 others rate it as a “buy”.