Carnival Corporation & Plc (CUK) saw downtrend of -1.49% in the recent, registering $12.54 being its most recent bid. The distance of current price level is -74.42% lower than the highest price of $49.03 marked by the stock while trading over the past 52-weeks, whereas it is 77.12% higher than the lowest price of $7.08 the company dropped to over past 52-weeks. The latest news story on CUK appeared in BBC under the title “Will cruise ships return to Venice?” on Oct-21-20.
Squeezing the time span to 30 day period shows us the stock currently buoying -10.87% below one month high and is +11.96% above of the lowest during that time. Looking into the simple moving average, Carnival Corporation & Plc (CUK)’s stock is currently standing at a SMA-50 of $13.11 while that of 5-day is reading $12.30.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and CUK’s SMA-200 at this time is reading $18.58.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $24.0 million.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 775.00 million of CUK’s outstanding shares. That indicates a holding of about 10.50% or $1655.28 of worth by institutional holders in the company.
As on Jun 29, 2020, Goldman Sachs Group, Inc. was the top most holder in Carnival Corporation & Plc (NYSE:CUK) with an ownership of 1.43 million shares of the company or 15.66% of the stake worth $17.96 million. The filing also reveals Renaissance Technologies, LLC as the second largest holder in the company with a control over 14.70% of the stake or worth of $16.85 million for having 1.34 million shares in hand.
Arrowstreet Capital, Limited Partnership also came increasing its position in the company during the recent quarter and it now holds 12.64% of the outstanding shares. With this there are now 132 institutions which have been in possession of CUK’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Carnival Corporation & Plc has a debt to equity ratio of 1.28.
Company attained a return on equity (ROE) of -33.70% in past 12 months against the same posted by peer companies of the relevant industry. The rising figure indicates that CUK came strengthening itself from within over the past one year. A comparison of company’s ROE with that of the Leisure industry and with the broader scale at the Consumer Cyclical sector level shows that industry’s average ROE is -1.87.
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term average volume of a stock is an effective way to make use of. When looking into those indicators for Carnival Corporation & Plc (CUK), we notice that the stock’s 20-day average volume is at 1,721,320 shares and 100% of that short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 1,812,542 shares. And to end with, CUK’s 100-day average volume are 2,004,663 shares with 100% of the long-term indicators pointing towards Sell for the stock.