Shares of Royal Caribbean Cruises Ltd. (RCL) Sees Large Outflow of Money

Royal Caribbean Cruises Ltd. (RCL) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.57 million) in Royal Caribbean Cruises Ltd. (RCL). On Thursday, The value of composite uptick trades was $14.11 million, whereas, the value of composite downtick trades was $15.68 million and the ratio between the two was 0.9, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $5.25 million. $2.48 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.47. The negative money flow of ($2.76 million) shows selling on strength. Royal Caribbean Cruises Ltd. (RCL) gained $1.51 intraday at $74.09 and registrered 2.07% for the week.


The stock has recorded a 20-day Moving Average of 1.4% and the 50-Day Moving Average is 2.9%. Shares have dropped -16.81% from its 1 Year high price. On Dec 30, 2015, the shares registered one year high at $103.40 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $73.32 and the 200 Day Moving Average price is recorded at $77.57.

Royal Caribbean Cruises Ltd. (NYSE:RCL): The stock opened at $73.69 on Thursday but the bulls could not build on the opening and the stock topped out at $74.36 for the day. The stock traded down to $71.84 during the day, due to lack of any buying support eventually closed down at $71.88 with a loss of -0.96% for the day. The stock had closed at $72.58 on the previous day. The total traded volume was 2,925,254 shares.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Royal Caribbean Cruises Ltd, Ofer Eyal had sold 112,980 shares worth of $11,072,040 in a transaction dated November 10, 2015. In this transaction, 112,980 shares were sold at $98 per share.

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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