Shares of Carnival Corporation (CCL) Sees Large Inflow of Net Money Flow

Carnival Corporation (CCL) : $100.96 million worth of transactions were on upticks in Carnival Corporation (CCL), compared to $82.82 million on downticks. The ratio between the two was 1.22, whereas, the net money flow stood at a healthy $18.14 million on Fridays session.The block trades show a bullish bias with only $1.63 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $19.51million worth of trades. The up-down ratio between the uptick and downtick was 11.99, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $17.88 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -4.74%. The stock was trading at $46.39, with a drop of $2.31 over the previous days close. The stock recorded -1.51% for the week.


The company Insiders own 22% of Carnival Corporation shares according to the proxy statements. Institutional Investors own 78.48% of Carnival Corporation shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Carnival Corp, Glasier Richard had sold 10,000 shares worth of $524,300 in a transaction dated April 1, 2016. In this transaction, 10,000 shares were sold at $52.43 per share.

Carnival Corporation (NYSE:CCL): stock was range-bound between the intraday low of $46.08 and the intraday high of $47.15 after having opened at $46.69 on Fridays session. The stock finally closed in the red at $46.69, a loss of -4.74%. The stock remained in the red for the whole trading day. The total traded volume was 12,104,306 shares. The stock failed to cross $47.15 in Fridays trading. The stocks closing price on Thursday was $48.7.

Carnival Corporation (CCL) : During the past 4 weeks, traders have been relatively bearish on Carnival Corporation (CCL), hence the stock is down -1.27% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2% relative to the S&P 500. The 4-week change in the price of the stock is -1.4% and the stock has fallen -1.51% in the past 1 week.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.