Carnival Corp (CCL) is 17.72% away from 50-day simple Moving Average despite all headwinds

On Friday, Carnival Corp (NYSE: CCL) was -1.78% drop from the session before settling in for the closing price of $25.35. A 52-week range for CCL has been $13.78 – $25.60.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 97.29%. With a float of $998.28 million, this company’s outstanding shares have now reached $1.12 billion.

In terms of profitability, gross margin is 31.85%, operating margin of 13.88%, and the pretax margin is 6.48%.

Carnival Corp (CCL) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Carnival Corp stocks. The insider ownership of Carnival Corp is 21.23%, while institutional ownership is 56.39%. The most recent insider transaction that took place on Oct 29 ’24, was worth 380,100. In this transaction Director of this company sold 17,500 shares at a rate of $21.72, taking the stock ownership to the 65,789 shares. Before that another transaction happened on Oct 29 ’24, when Company’s Director proposed sale 17,500 for $20.91, making the entire transaction worth $365,925.

Carnival Corp (CCL) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 8/31/2024, it has been observed that the corporation posted -0.07 earnings per share (EPS) during the time that was better than consensus figure (set at -0.13) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.

Carnival Corp (NYSE: CCL) Trading Performance Indicators

You can see what Carnival Corp (CCL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.25. Likewise, its price to free cash flow for the trailing twelve months is 25.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.12, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 1.72 in one year’s time.

Technical Analysis of Carnival Corp (CCL)

The latest stats from [Carnival Corp, CCL] show that its last 5-days average volume of 23.59 million was inferior to 29.44 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 74.87%. Additionally, its Average True Range was 0.74.

During the past 100 days, Carnival Corp’s (CCL) raw stochastic average was set at 94.08%, which indicates a significant increase from 80.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.88% in the past 14 days, which was lower than the 41.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.15, while its 200-day Moving Average is $17.27. Now, the first resistance to watch is $25.37. This is followed by the second major resistance level at $25.84. The third major resistance level sits at $26.11. If the price goes on to break the first support level at $24.64, it is likely to go to the next support level at $24.37. The third support level lies at $23.90 if the price breaches the second support level.

Carnival Corp (NYSE: CCL) Key Stats

There are 1,154,165K outstanding shares of the company, which has a market capitalization of 30.64 billion. As of now, sales total 21,593 M while income totals -75,000 K. Its latest quarter income was 7,896 M while its last quarter net income were 1,735 M.