Royal Caribbean Cruises Ltd. (NYSE:RCL) saw an upside of 0.95% to close Tuesday at $63.98 after adding $0.6 on the day. The 5-day average trading volume is 3,594,220 shares of the company’s common stock. It has gained $65.26 in the past week and touched a new high 1 time within the past 5 days. An average of 3,799,750 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,840,364.
RCL’s 1-month performance is 23.49% or $14.19 on its low of $47.91 reached on 12/28/22. The company’s shares have touched a 52-week low of $31.09 and high of $90.55, with the stock’s rally to the 52-week high happening on 01/18/23. YTD, RCL has achieved 29.44% or $14.55 and has reached a new high 11 times. However, the current price is down -29.34% from the 52-week high price.
RCL stock investors last saw insider trading activity on Dec 13.Wilhelmsen Arne Alexander (Director) most recently sold 13,600 shares at $58.19 per share on Dec 13. This transaction cost the insider $791,421. Director, Wilhelmsen Arne Alexander, sold 78,927 shares at a price of $57.00 on Dec 12. Then, on Dec 08, Director Wilhelmsen Arne Alexander sold 9,762 shares at a price of $58.00 per share. This transaction amounted to $566,196.
RCL stock has a beta of 2.45. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.18 while the price-to-book (PB) in the most recent quarter is 5.09.
Royal Caribbean Cruises Ltd.’s quick ratio for the period ended September 29 was 0.30, with the current ratio over the same period at 0.30. As well, the company’s long term debt to equity for the quarter ending September 29 was 6.05, while the total debt to equity was 7.28.. In terms of profitability, the gross margin trailing 12 months is 19.00%. The firm’s gross profit as reported stood at -$1.13 billion against revenue of $1.53 billion.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 4420.75% to $32.97 million, while revenue of -$521.58 million was 1681.98% off the previous quarter. Analysts expected RCL to announce $0.19 per share in earnings in its latest quarter, but it posted $0.26, representing a 36.80% surprise. EBITDA for the quarter stood at more than $698.73 million. RCL stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 30.26 billion, with total debt at $23.95 billion. Shareholders hold equity totaling $255.18 million.
Let’s look briefly at Royal Caribbean Cruises Ltd. (RCL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 71.12% to suggest the stock is trending Overbought, with historical volatility in this time period at 38.12%.
The stock’s 5-day moving average is $62.67, reflecting a -0.28% or -$0.18 change from its current price. RCL is currently trading +29.25% above its 20-day SMA, +53.28% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +21.80% and SMA200 by-20.32%.
Stochastic %K and %D was 89.03% and 84.33% and the average true range (ATR) pointed at 2.25. The RSI (14) points at 67.42%, while the 14-day stochastic is at 92.16% with the period’s ATR at 2.30. The stock’s 9-day MACD Oscillator is pointing at 0.94 and 3.46 on the 14-day charts.
In the most recent analyst report for Royal Caribbean Cruises Ltd. (NYSE: RCL), Morgan Stanley upgraded it to an Equal-weight rating. They previously had an Underweight rating on the stock.