Norwegian Cruise Line Holdings Ltd [NYSE: NCLH] loss -6.11% or -1.69 points to close at $25.96 with a heavy trading volume of 12830488 shares.
The daily chart for NCLH points out that the company has recorded 47.67% gains over the past six months.
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If we look at the average trading volume of 12.19M shares, NCLH reached to a volume of 12830488 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 $29.53 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 2.18. 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.
Argus 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 November 04, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $20 to $30. The new note on the price target was released on October 09, 2024, representing the official price target for Norwegian Cruise Line Holdings Ltd stock. Previously, the target price had yet another raise from $20 to $21, while Truist kept a Buy rating on NCLH stock. On May 28, 2024, analysts increased their price target for NCLH shares from 21 to 24.
The Average True Range (ATR) for Norwegian Cruise Line Holdings Ltd is set at 0.97, with the Price to Sales ratio for NCLH stock in the period of the last 12 months amounting to 1.22. The Price to Book ratio for the last quarter was 10.05, with the Price to Cash per share for the same quarter was set at 0.76. Price to Free Cash Flow for NCLH in the course of the last twelve months was 38.82 with Quick ratio for the last quarter at 0.17.
Trading performance analysis for NCLH stock
Norwegian Cruise Line Holdings Ltd [NCLH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.43. With this latest performance, NCLH shares dropped by -4.03% in over the last four-week period, additionally plugging by 47.67% over the last 6 months – not to mention a rise of 38.31% 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 46.73, with the RSI for the last a single of trading hit 38.92, and the three-weeks RSI is set at 51.66 for Norwegian Cruise Line Holdings Ltd [NCLH]. The present Moving Average for the last 50 days of trading for this stock 24.88, while it was recorded at 27.26 for the last single week of trading, and 19.82 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 0.17 and a Current Ratio set at 0.20.
An analysis of Institutional ownership at Norwegian Cruise Line Holdings Ltd [NCLH]
There are presently around $75.36%, or 75.82%% 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%.
