Carnival Co. & (NYSE:CUK) Hits New 1-Year High – Still a Buy?

Carnival Co. & plc (NYSE:CUK) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $21.87 and last traded at $21.87, with a volume of 508296 shares traded. The stock had previously closed at $20.48.

Carnival Co. & Stock Performance

The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30. The stock has a market capitalization of $4.02 billion, a P/E ratio of 19.13 and a beta of 2.71. The business has a 50-day moving average price of $17.47 and a 200 day moving average price of $15.64.

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

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & 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 directly owns 65,789 shares of the company’s stock, valued at approximately $1,428,937.08. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.08% of the stock is owned by company insiders.

Institutional Trading of Carnival Co. &

A number of institutional investors and hedge funds have recently modified their holdings of CUK. EntryPoint Capital LLC boosted its position in shares of Carnival Co. & by 595.8% during the first quarter. EntryPoint Capital LLC now owns 2,011 shares of the company’s stock valued at $30,000 after buying an additional 1,722 shares during the last quarter. Blue Trust Inc. purchased a new stake in shares of Carnival Co. & during the 2nd quarter valued at about $40,000. Point72 Asset Management L.P. purchased a new stake in shares of Carnival Co. & during the 2nd quarter valued at about $48,000. BNP Paribas Financial Markets bought a new stake in shares of Carnival Co. & in the first quarter worth approximately $76,000. Finally, Signaturefd LLC raised its holdings in shares of Carnival Co. & by 56.7% during the second quarter. Signaturefd LLC now owns 5,671 shares of the company’s stock valued at $98,000 after purchasing an additional 2,053 shares during the last quarter. Institutional investors own 23.80% of the company’s stock.

About Carnival Co. &

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.