Carnival Corporations in-depth data and chart pattern analysis indicates that the stock price has rallied 11.17% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 26.28% . Looking at the past 52 week period, the stock price is up at 15.91% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Carnival Corporation has a negative value of -1.35 compared to overall market performance.
Carnival Corporation stock has recorded a 20-day Moving Average of 0.85% and the 50-Day Moving Average is 4.03%.The 200 Day SMA reached 15.09%Carnival Corporation is having a Relative Strength Index of 61.03 which indicates the stock is not yet over sold or over bought based on the technical indicators.Stocks of Carnival Corporation (NYSE:CCL) rallied by 1.14% during the past week but lost 0.46% on a 4-week basis. The company has outperformed the S&P 500 by 0.45% in the past week but underperformed the index by 3.52% in the last 4 weeks.
Carnival Corporation (NYSE:CCL) : On Friday heightened volatility was witnessed in Carnival Corporation (NYSE:CCL) which led to swings in the share price. The stock opened for trading at $55.89 and hit $56.12 on the upside , eventually ending the session at $56.03, with a gain of 0.2% or 0.11 points. The heightened volatility saw the trading volume jump to 3,586,664 shares. The 52-week high of the share price is $57.79 and the company has a market cap of $42,128 million. The 52-week low of the share price is at $42.94 .
Currently the company Insiders own 22% of Carnival Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.75% . Institutional Investors own 79.97% of Carnival Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 6.88%. Company has reported several Insider transactions to the SEC, on Feb 17, 2017, Arnaldo Perez (General Counsel & Secretary) sold 13,004 shares at 55.88 per share price.On Feb 17, 2017, Stein Kruse (CEO, Holland America Group) sold 31,158 shares at 55.88 per share price.On Feb 17, 2017, Arnold W Donald (President & CEO) sold 32,049 shares at 55.88 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Carnival Corp was Downgraded by Berenberg to Hold on Dec 19, 2016.
Carnival Corp Last issued its quarterly earnings results on Dec 20, 2016. The company reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $0.58. The company had revenue of $3935.00 million for the quarter, compared to analysts expectations of $3923.20 million. The companys revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS.
Carnival Corporation & plc is the largest cruise company in the world, with a portfolio of 10 cruise brands in North America, Europe, Australia and Asia, comprised of Carnival Cruise Line, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, P&O Cruises (Australia), P&O Cruises (UK) and Fathom.