Carnival Corporation & Plc [NYSE: CUK] gained 15.55% or 2.3 points to close at $17.09 with a heavy trading volume of 2741340 shares. It opened the trading session at $16.71, the shares rose to $17.15 and dropped to $15.75, the range by which the price of stock traded the whole day. The daily chart for CUK points out that the company has recorded -60.59% loss over the past six months. However, it is still -141.38% lower than its most recent low trading price.
If we look at the average trading volume of 2.40M shares, CUK reached to a volume of 2741340 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about Carnival Corporation & Plc [CUK]:
Morgan Stanley have made an estimate for Carnival Corporation & Plc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on June 03, 2020. The new note on the price target was released on September 30, 2019, representing the official price target for Carnival Corporation & Plc stock.
The Average True Range (ATR) for Carnival Corporation & Plc is set at 1.74, with the Price to Sales ratio for CUK stock in the period of the last 12 months amounting to 0.62. The Price to Book ratio for the last quarter was 0.46, with the Price to Cash per share for the same quarter was set at 0.69.
Trading performance analysis for CUK stock
Carnival Corporation & Plc [CUK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.93. With this latest performance, CUK shares gained by 62.76% in over the last four-week period, additionally sinking by -60.59% over the last 6 months – not to mention a drop of -66.95% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CUK stock in for the last two-week period is set at 57.18, with the RSI for the last a single of trading hit 55.78, and the three-weeks RSI is set at 54.78 for Carnival Corporation & Plc [CUK]. The present Moving Average for the last 50 days of trading for this stock 12.70, while it was recorded at 17.99 for the last single week of trading, and 32.30 for the last 200 days.
Carnival Corporation & Plc [CUK]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Carnival Corporation & Plc [CUK] shares currently have an operating margin of +15.74 and a Gross Margin at +27.65. Carnival Corporation & Plc’s Net Margin is presently recorded at +14.36.
Return on Total Capital for CUK is now 9.24, given the latest momentum, and Return on Invested Capital for the company is 8.96. Return on Equity for this stock inclined to 12.12, with Return on Assets sitting at 6.91. When it comes to the capital structure of this company, Carnival Corporation & Plc [CUK] has a Total Debt to Total Equity ratio set at 45.35. Additionally, CUK Total Debt to Total Capital is recorded at 31.20, with Total Debt to Total Assets ending up at 25.53. Long-Term Debt to Equity for the company is recorded at 38.14, with the Long-Term Debt to Total Capital now at 26.24.
Receivables Turnover for the company is 44.07 with a Total Asset Turnover recorded at a value of 0.48.Carnival Corporation & Plc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.20.
Carnival Corporation & Plc [CUK]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CUK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Carnival Corporation & Plc go to 13.40%.
An analysis of insider ownership at Carnival Corporation & Plc [CUK]
Positions in Carnival Corporation & Plc stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 58 institutional holders increased their position in Carnival Corporation & Plc [NYSE:CUK] by around 2,956,423 shares. Additionally, 76 investors decreased positions by around 3,215,515 shares, while 10 investors held positions by with 5,872,879 shares. The mentioned changes placed institutional holdings at 12,044,817 shares, according to the latest SEC report filing. CUK stock had 20 new institutional investments in for a total of 738,692 shares, while 52 institutional investors sold positions of 1,993,187 shares during the same period.