Carnival Co. & (NYSE:CUK) Reaches New 1-Year High – Here’s What Happened

Carnival Co. & plc (NYSE:CUK)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $22.38 and last traded at $22.33, with a volume of 1221315 shares traded. The stock had previously closed at $22.23.

Carnival Co. & Trading Down 0.6 %

The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 3.10. The company has a market cap of $4.14 billion, a P/E ratio of 20.13 and a beta of 2.71. The business has a fifty day moving average price of $18.04 and a 200-day moving average price of $15.89.

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

Insider Buying and Selling

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

Institutional Inflows and Outflows

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

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.