Royal Caribbean Group (RCL) is 19.62% away from 50-day simple Moving Average despite all headwinds

Royal Caribbean Group (NYSE: RCL) started the day on September 16, 2020, with a price increase of 2.84% at $69.61. During the day, the stock rose to $71.25 and sunk to $67.00 before settling in for the price of $67.69 at the close. Taking a more long-term approach, RCL posted a 52-week range of $19.25-$135.32.

The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 6.30% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 21.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 4.50%. This publicly-traded company’s shares outstanding now amounts to $209.39 million, simultaneously with a float of $178.12 million. The organization now has a market capitalization sitting at $15.12 billion. At the time of writing, stock’s 50-day Moving Average stood at $58.63, while the 200-day Moving Average is $71.51.

It is quite necessary to find out the efficiency of the corporate organization, which has 85300 number of employees on its payroll. It has generated 128,228 per worker during the last fiscal year. Meanwhile, its income per employee was 22,001. The stock had 34.75 Receivables turnover and 0.38 Total Asset turnover. For the Profitability, stocks gross margin was +33.11, operating margin was +18.87 and Pretax Margin of +17.42.

Royal Caribbean Group (RCL) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Travel Services Industry. Royal Caribbean Group’s current insider ownership accounts for 8.50%, in contrast to 62.80% institutional ownership. According to the most recent insider trade that took place on Aug 25, this organization’s 10% Owner sold 600,000 shares at the rate of 63.67, making the entire transaction reach 38,202,172 in total value, affecting insider ownership by 18,099,253. Preceding that transaction, on Aug 25, Company’s Director sold 600,000 for 63.67, making the whole transaction’s value amount to 38,202,172. This particular insider is now the holder of 23,134,512 in total.

Royal Caribbean Group (RCL) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 6/29/2020, the organization reported -$6.13 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$4.82) by -$1.31. This company achieved a net margin of +17.16 while generating a return on equity of 16.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of -4.91 per share during the current fiscal year.

Royal Caribbean Group’s EPS increase for this current 12-month fiscal period is 4.50% and is forecasted to reach -9.76 in the upcoming year.

Royal Caribbean Group (NYSE: RCL) Trading Performance Indicators

Let’s observe the current performance indicators for Royal Caribbean Group (RCL). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 3.63. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.91.

In the same vein, RCL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -9.23, a figure that is expected to reach -5.16 in the next quarter, and analysts are predicting that it will be -9.76 at the market close of one year from today.

Technical Analysis of Royal Caribbean Group (RCL)

If we take a close look at the recent performances of Royal Caribbean Group (NYSE: RCL), its last 5-days Average volume was 6.1 million that shows plunge from its year to date volume of 14.92 million. During the previous 9 days, stock’s Stochastic %D was recorded 36.04% While, its Average True Range was 3.57.

Raw Stochastic average of Royal Caribbean Group (RCL) in the period of the previous 100 days is set at 86.54%, which indicates a major rise in contrast to 53.87% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 44.29% that was lower than 92.61% volatility it exhibited in the past 100-days period.

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