Shares of Carnival Co. & plc (NYSE:CUK – Get Rating ) saw exceptionally strong trading volume on Friday. Approximately 54,865 shares changed hands during trading, a 98% drop from the previous session’s volume of 2,767,176 shares. The stock last traded at $8.98 and had previously closed at $9.50.
Carnival Co. & Price Performance
The company has a quick ratio of 0.61, a current ratio of 0.64, and a debt-to-equity ratio of 3.54. The stock has a market cap of $1.66 billion, a P/E ratio of -1.11 and a beta of 2.10. The business’s 50-day simple moving average is $8.71, and its two-hundred-day simple moving average is $13.74.
Carnival Co. & (NYSE:CUK – Get Rating ) last announced its earnings results on Friday, June 24th. The company reported ($1.64) earnings per share for the quarter. The company had revenue of $2.40 billion during the quarter. Carnival Co. & had a negative net margin of 156.75% and a negative return on equity of 67.51%.
Insider Buying and Selling at Carnival Co. &
In other news, Director Randall J. Weisenburger bought 100,000 shares of the business’s stock in a transaction on Wednesday, May 25th. The shares were bought at an average price of $11.76 per share, for a total transaction of $1,176,000.00. Following the completion of the purchase, the director now owns 870,950 shares of the company’s stock, valued at $10,242,372. The transaction was disclosed in a legal filing with the SEC, which is accessible via this link. Company insiders own 0.12% of the company’s stock.
Carnival Co. Institutional Trading. &
Several large investors have recently added to or reduced their stakes in CUK. Benjamin F. Edwards & Company Inc. increased its holdings in Carnival Co. and by 22.0% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 3,939 shares of the company’s stock valued at $73,000 after purchasing an additional 710 shares in the last quarter. Palliser Capital UK Ltd increased its holdings in Carnival Co. and by 65.1% in the first quarter. Palliser Capital UK Ltd now owns 103,170 shares of the company’s stock valued at $80,000 after buying an additional 40,688 shares in the last quarter. Cetera Advisor Networks LLC boosted its holdings in Carnival Co. and by 8.4% in the second quarter. Cetera Advisor Networks LLC now owns 14,882 shares of the company’s stock valued at $118,000 after purchasing an additional 1,154 shares in the last quarter. Twin Tree Management LP raised its holdings in Carnival Co. & by 191.4% in the first quarter. Twin Tree Management LP now owns 6,571 shares of the company’s stock worth $120,000 after purchasing an additional 13,758 shares in the last quarter. Finally, Quantamental Technologies LLC bought a new stake in Carnival Co. and in the second quarter valued at $142,000. Institutional investors own 16.88% of the company’s shares.
About Carnival Co. &
(Get rating)
Carnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard brand names. The company also offers port destinations and other services, and owns and operates hotels, lodges, glass dome railways and buses.
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