Carnival Co. & (NYSE:CUK) Trading Down 4.3%

Carnival Co. & plc (NYSE:CUK) fell 4.3% during trading on Monday . The stock traded as low as $16.47 and last traded at $16.48. 486,392 shares were traded during mid-day trading, a decline of 76% from the average session volume of 2,004,464 shares. The stock had previously closed at $17.22.

Carnival Co. & Trading Down 0.6 %

The firm has a 50 day simple moving average of $14.29 and a 200 day simple moving average of $14.61. The company has a debt-to-equity ratio of 3.99, a quick ratio of 0.24 and a current ratio of 0.28. The firm has a market cap of $3.04 billion, a P/E ratio of 24.89 and a beta of 2.74.

Carnival Co. & (NYSE:CUK) last issued its quarterly earnings results on Tuesday, June 25th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $5.78 billion during the quarter. Carnival Co. & had a return on equity of 15.22% and a net margin of 3.86%. During the same quarter last year, the business posted ($0.31) EPS.

Institutional Trading of Carnival Co. &

A number of large investors have recently modified their holdings of CUK. Qube Research & Technologies Ltd bought a new stake in shares of Carnival Co. & during the 3rd quarter valued at about $5,048,000. Seven Eight Capital LP boosted its position in shares of Carnival Co. & by 170.0% during the 3rd quarter. Seven Eight Capital LP now owns 119,975 shares of the company’s stock valued at $1,470,000 after acquiring an additional 75,537 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Carnival Co. & during the 4th quarter valued at about $18,510,000. GAMMA Investing LLC bought a new stake in shares of Carnival Co. & during the 4th quarter valued at about $33,000. Finally, Jump Financial LLC bought a new stake in shares of Carnival Co. & during the 4th quarter valued at about $2,553,000. Institutional investors own 23.80% of the company’s stock.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.