Carnival Corporation (CCL) : Traders are bullish on Carnival Corporation (CCL) as it has outperformed the S&P 500 by a wide margin of 1.23% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.68%, relative to the S&P 500. The stock has risen by 4.24% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.81% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.51% and the 50-Day Moving Average is 0.63%.The 200 Day SMA reached 3.2% Carnival Corporation has dropped 2.55% during the last 3-month period . Year-to-Date the stock performance stands at -13.31%.
Carnival Corporation (CCL) stock is expected to deviate a maximum of $3.68 from the average target price of $54.13 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $60 and the most muted being $48.
For the current week, the company shares have a recommendation consensus of Buy. Carnival Corporation (NYSE:CCL): stock was range-bound between the intraday low of $45.99 and the intraday high of $46.64 after having opened at $46.48 on Fridays session. The stock finally closed in the red at $46.48, a loss of -0.47%. The stock remained in the red for the whole trading day. The total traded volume was 7,241,229 shares. The stock failed to cross $46.64 in Fridays trading. The stocks closing price on Thursday was $46.47.
Carnival Corporation is a cruise vacation company. The Company has three cruise segments that consist of North America cruise brands, Europe, Australia & Asia (EAA) cruise brands, and Cruise Support. In addition, it also has a Tour and Other segment. The Company offers its services under nine cruise brands. Its North America segment cruise brands include Carnival Cruise Lines, Holland America Line, Princess Cruises (Princess) and Seabourn. Its EAA segment cruise brands include AIDA Cruises (AIDA), Costa Cruises (Costa), Cunard, P&O Cruises (Australia) and P&O Cruises (United Kingdom). Its Cruise Support segment includes its cruise port and related facilities located in Cozumel, Mexico; Grand Turk, Turks and Caicos Islands, Roatan, Honduras and Puerto Plata, Dominican Republic. In addition to its cruise operations, it owns Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon.