Carnival Co. & (NYSE:CUK) Sets New 1-Year High – Here’s Why

Carnival Co. & plc (NYSE:CUK)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $22.71 and last traded at $22.63, with a volume of 625161 shares. The stock had previously closed at $22.25.

Carnival Co. & Stock Performance

The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 3.10. The company has a market cap of $4.26 billion, a P/E ratio of 19.93 and a beta of 2.71. The company’s 50-day moving average price is $18.50 and its two-hundred day moving average price is $16.06.

Carnival Co. & (NYSE:CUK) last posted its quarterly earnings results on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter. The business had revenue of $7.90 billion during the quarter. Carnival Co. & had a net margin of 6.39% and a return on equity of 22.30%.

Insider Activity at Carnival Co. &

In related news, Director Sir Jonathon Band sold 17,500 shares of the stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $21.72, for a total value of $380,100.00. Following the completion of the transaction, the director now owns 65,789 shares of the company’s stock, valued at $1,428,937.08. This represents a 21.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.08% of the stock is currently owned by company insiders.

Institutional Trading of Carnival Co. &

Several large investors have recently made changes to their positions in CUK. Acadian Asset Management LLC bought a new stake in shares of Carnival Co. & during the 1st quarter valued at $9,001,000. Renaissance Technologies LLC lifted its stake in Carnival Co. & by 13.5% in the 2nd quarter. Renaissance Technologies LLC now owns 2,360,800 shares of the company’s stock valued at $40,653,000 after acquiring an additional 281,300 shares in the last quarter. Two Sigma Advisers LP boosted its position in Carnival Co. & by 52.4% during the 3rd quarter. Two Sigma Advisers LP now owns 774,200 shares of the company’s stock worth $12,906,000 after acquiring an additional 266,200 shares during the last quarter. Millennium Management LLC increased its stake in Carnival Co. & by 20.0% in the 2nd quarter. Millennium Management LLC now owns 1,061,079 shares of the company’s stock valued at $18,272,000 after buying an additional 177,207 shares during the last quarter. Finally, Maven Securities LTD acquired a new position in shares of Carnival Co. & during the 3rd quarter worth about $2,110,000. Institutional investors own 23.80% of the company’s stock.

Carnival Co. & Company Profile

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.