Large Inflow of Money Witnessed in Royal Caribbean Cruises Ltd.

Royal Caribbean Cruises Ltd. (RCL) : Thursdays money flow points at investors jumping to buy the stock on the weakness of price. $21.01 million worth of transactions were on upticks, whereas, the downticks accounted for $16.58 million worth of transactions. The net money flow was a positive $4.43 million and the uptick to downtick ratio was 1.27. The net money flow into the stock was $2.06 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $2.06 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Royal Caribbean Cruises Ltd. (RCL) was trading at $66.09, down $0.31 during day. The stock slid -0.47% over the previous days close. For the week, the stock recorded -4.37% over the previous weeks close.


Royal Caribbean Cruises Ltd. (RCL) : The most positive equity analysts on Royal Caribbean Cruises Ltd. (RCL) expects the shares to touch $119, whereas, the least positive believes that the stock will trade at $80 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $98.11 with an expected fluctuation of $11.61 from the mean. The stock has recorded a 20-day Moving Average of 7.14% and the 50-Day Moving Average is 10.6%.

Royal Caribbean Cruises Ltd. (NYSE:RCL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.50 and $65.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $67.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.79, notching a gain of 0.59% for the day. The total traded volume was 1,852,741 . The stock had closed at $66.40 on the previous day.

Royal Caribbean Cruises Ltd. (Royal Caribbean) is a cruise company. The Company owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and a 50% joint venture interest in TUI Cruises. Together, these six brands operate a combined 43 ships in the cruise vacation industry with an aggregate capacity of approximately 105,750 berths. The Companys ships operate on a selection of itineraries that call on approximately 480 destinations on all seven continents. Royal Caribbean International offers a variety of itineraries, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, South America and New Zealand. Celebrity Cruises offers a variety of itineraries, including Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, Hawaii, New Zealand, the Panama Canal and South America.

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