Large Outflow of Money Witnessed in Carnival Corporation

Carnival Corporation (CCL) : The value of composite uptick trades was $17.76 million, whereas, the value of composite downtick trades was $24.07 million. The uptick to downtick ratio stood at 0.74 with a negative money flow of ($6.31) Million during Mondays trading session. The block trades money flow was negative ($6.24 million).The uptick to the downtick ratio of 0.2 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $1.57 million. The transaction of the trades on downticks amounted to $7.81 million, which confirms investors selling on the strength of price. Carnival Corporation (CCL) gained 30 cents at $45.62, an increase of 0.66% over the previous days close.


Carnival Corporation has dropped 9.65% during the last 3-month period . Year-to-Date the stock performance stands at -15.12%. Carnival Corporation has lost 0.02% in the last five trading days and dropped 3.9% in the last 4 weeks. In a related news,The director of Carnival Corp, Glasier Richard sold 10,000 shares at $52.43 on April 1, 2016. The Insider selling transaction had a total value worth of $524,300. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Carnival Corporation (NYSE:CCL): stock turned positive on Monday. Though the stock opened at $45.43, the bulls momentum made the stock top out at $45.97 level for the day. The stock recorded a low of $45.42 and closed the trading day at $45.62, in the green by 0.66%. The total traded volume for the day was 3,072,092. The stock had closed at $45.32 in the previous days trading.

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.

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