Royal Caribbean Cruises Ltd. (RCL) has risen sharply, recording gains of 4.82% in the past 4 weeks. However, the stock has corrected -0.74% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.41% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.5% and the 50-Day Moving Average is 1.13%. Royal Caribbean Cruises Ltd. has dropped 5.95% during the last 3-month period . Year-to-Date the stock performance stands at -27.71%.
Royal Caribbean Cruises Ltd. (NYSE:RCL): On Fridays trading session , Opening price of the stock was $73.27 with an intraday high of $73.5. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $72.31. However, the stock managed to close at $72.44, a loss of 1.09% for the day. On the previous day, the stock had closed at $73.24. The total traded volume of the day was 2,596,347 shares.
Also, Stifel Nicolaus maintains their rating on the shares of Royal Caribbean Cruises Ltd. (NYSE:RCL). The current rating of the shares is Buy. Equity Analysts at the Firm lowers the price target to $94 per share from $99 per share. The rating by the firm was issued on July 28, 2016.
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.