Carnival Co. & (LON:CCL) Share Price Passes Above 200-Day Moving Average – Here’s Why

Carnival Co. & plc (LON:CCLGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,425.45 ($17.34) and traded as high as GBX 1,849 ($22.50). Carnival Co. & shares last traded at GBX 1,823.50 ($22.19), with a volume of 611,996 shares traded.

Carnival Co. & Price Performance

The business’s 50-day moving average price is GBX 1,799.58 and its 200 day moving average price is GBX 1,441.32. The company has a market capitalization of £2.77 billion, a P/E ratio of 2,149.44, a price-to-earnings-growth ratio of 0.02 and a beta of 2.70. The company has a quick ratio of 0.59, a current ratio of 0.30 and a debt-to-equity ratio of 352.36.

About Carnival Co. &

(Get Free Report)

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.

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