Carnival plc ADR (NYSE:CUK) traded with an addition of $0.38 to $13.00 on Thursday, an upside of 3.01 percent. An average of 1,441,379 shares of common stock have been traded in the last five days. There was a fall of -$0.06 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 1,372,190 shares traded, while the 50-day average volume stands at 1,397,284.
CUK stock has decreased by -10.41% in the last month. The company shares reached their 1-month lowest point of $12.15 on 09/25/23. With the stock rallying to its 52-week high on 07/05/23, shares of the company touched a low of $5.43 and a high of $17.67 in 52 weeks. It has reached a new high 28 times so far this year and achieved 80.81% or $5.82 in price. In spite of this, the price is down -26.43% from the 52-week high.
Insider Transactions
CUK stock investors should be aware that Carnival plc ADR (CUK) stock had its last reported insider trading activity 219 days ago on Feb 21.
Valuation Metrics
Carnival plc ADR (CUK) has a trailing price-to-earnings (P/E) ratio of N/A for the broader industry. The stock’s beta is 2.45. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.11, the price-to-book (PB) ratio at 0.32.
Financial Health
The quick ratio of Carnival plc ADR for the recent quarter was 0.49, and the current ratio was 0.52, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 5.65 and a total debt to equity ratio of 5.98 for the recent quarter. Carnival plc ADR’s EBITDA margin is -12.28%, while its operating margin for the same period stands at -5.80%. Its gross profit as reported stood at $411.0 million compared to revenue of $12.17 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Carnival plc ADR (CUK) price momentum. RSI 9-day as of the close on 27 September was 42.23%, suggesting the stock is Neutral, with historical volatility in this time frame at 42.47%.
As of today, CUK’s price is $12.67 -0.46% or -$0.06 from its 5-day moving average. CUK is currently trading -8.89% lower than its 20-day SMA and +44.40% higher than its 100-day SMA. However, the stock’s current price level is -20.96% below the SMA50 and +62.63% above the SMA200.
The stochastic %K and %D were 27.31% and 20.85%, respectively, and the average true range (ATR) was 0.49. With the 14-day stochastic at 42.82% and the average true range at 0.49, the RSI (14) stands at 39.87%. The stock has reached -0.29 on the 9-day MACD Oscillator while the 14-day reading was at -0.57.
Analyst Ratings
Berenberg upgraded Carnival plc ADR (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 plc ADR (CUK) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell CUK, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 12 others rate it as a “buy”.
What is CUK’s price target for the next 12 months?
Analysts predict a range of price targets between $11.50 and $25.00, with a median target of $20.00. Taking a look at these predictions, the average price target given by analysts for Carnival plc ADR (CUK) stock is $19.29.
