Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] gained 1.58% or 0.3 points to close at $19.33 with a heavy trading volume of 11947034 shares.
The daily chart for NCLH points out that the company has recorded 0.00% loss over the past six months.
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If we look at the average trading volume of 12.42M shares, NCLH reached to a volume of 11947034 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Norwegian Cruise Line Holdings Ltd [NCLH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NCLH shares is $21.97 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NCLH stock is a recommendation set at 2.29. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Truist have made an estimate for Norwegian Cruise Line Holdings Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 29, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price from $21 to $24. The new note on the price target was released on May 28, 2024, representing the official price target for Norwegian Cruise Line Holdings Ltd stock. Previously, the target price had yet another raise to $21, while Mizuho analysts kept a Neutral rating on NCLH stock.
The Average True Range (ATR) for Norwegian Cruise Line Holdings Ltd is set at 0.72, with the Price to Sales ratio for NCLH stock in the period of the last 12 months amounting to 0.94. The Price to Book ratio for the last quarter was 12.26, with the Price to Cash per share for the same quarter was set at 1.35.
Trading performance analysis for NCLH stock
Norwegian Cruise Line Holdings Ltd [NCLH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.04. With this latest performance, NCLH shares gained by 25.28% in over the last four-week period, additionally sinking by 0.00% over the last 6 months – not to mention a rise of 18.23% 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 NCLH stock in for the last two-week period is set at 67.91, with the RSI for the last a single of trading hit 75.94, and the three-weeks RSI is set at 62.52 for Norwegian Cruise Line Holdings Ltd [NCLH]. The present Moving Average for the last 50 days of trading for this stock 17.68, while it was recorded at 18.47 for the last single week of trading, and 17.92 for the last 200 days.
Norwegian Cruise Line Holdings Ltd [NCLH]: A deeper dive into fundamental analysis
Norwegian Cruise Line Holdings Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.22 and a Current Ratio set at 0.24.
Norwegian Cruise Line Holdings Ltd [NCLH]: 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 NCLH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Norwegian Cruise Line Holdings Ltd go to 51.20%.
An analysis of Institutional ownership at Norwegian Cruise Line Holdings Ltd [NCLH]
There are presently around $68.07%, or 68.51%% of NCLH stock, in the hands of institutional investors. The top three institutional holders of NCLH stocks are: VANGUARD GROUP INC with ownership of 51.89 million shares, which is approximately 12.1588%. CAPITAL INTERNATIONAL INVESTORS, holding 34.79 million shares of the stock with an approximate value of $$653.66 million in NCLH stocks shares; and CAPITAL INTERNATIONAL INVESTORS, currently with $$535.35 million in NCLH stock with ownership which is approximately 6.6754%.