Shares of Carnival Corporation (CCL) Sees Large Outflow of Money

Carnival Corporation (CCL) :The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($8.64 million) and the uptick to downtick ratio was 0.76. The transaction value on upticks was $27.79 million and on downticks, the transaction value was $36.43 million. In block trades, the transaction value of inflow done during uptick was $4.7 million. The transaction value of block trades during downticks was $11.63 million. The uptick to downtick block trade ratio was 0.4. The money flow was negative ($6.93 million), indicating the traders were booking profit on the price strength. Carnival Corporation (CCL) rose $0.64 at $43.82, during intraday Thursday , a rise of 1.48% over the previous days close.


Carnival Corporation (CCL) : Average target price received by Carnival Corporation (CCL) is $60.56 with an expected standard deviation of $8.85. The most aggressive target on the stock is $80, whereas the most downbeat target is $50. 9 financial analysts are currently covering the stock. The stock has recorded a 20-day Moving Average of 5.5% and the 50-Day Moving Average is 8.57%.

Carnival Corporation (NYSE:CCL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.64 and $43.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.82, notching a gain of 1.48% for the day. The total traded volume was 4,953,545 . The stock had closed at $43.18 on the previous day.

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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