Shares of Royal Caribbean Cruises Ltd. (RCL) Rally 2.94%

Royal Caribbean Cruises Ltd. (RCL) has been under a strong bear grip, hence the stock is down -9.64% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.42% in the past 1 week. The stock has risen by 2.94% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.69% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 0.56% and the 50-Day Moving Average is 4.78%.

Royal Caribbean Cruises Ltd. (NYSE:RCL): The stock opened at $70.82 on Friday but the bulls could not build on the opening and the stock topped out at $70.87 for the day. The stock traded down to $69.20 during the day, due to lack of any buying support eventually closed down at $70.39 with a loss of -2.07% for the day. The stock had closed at $71.88 on the previous day. The total traded volume was 2,886,694 shares.

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The company Insiders own 16.8% of Royal Caribbean Cruises Ltd. shares according to the proxy statements. Institutional Investors own 76.02% of Royal Caribbean Cruises Ltd. shares. In a related news, The Securities and Exchange Commission has divulged that Ofer Eyal, director of Royal Caribbean Cruises Ltd, had unloaded 112,980 shares at an average price of $98 in a transaction dated on November 10, 2015. The total value of the transaction was worth $11,072,040.

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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