Carnival Co. & (LON:CCL) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Carnival Co. & plc (LON:CCL)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,306.97 ($16.57) and traded as high as GBX 1,903.50 ($24.13). Carnival Co. & shares last traded at GBX 1,896.50 ($24.04), with a volume of 260,025 shares trading hands.

Carnival Co. & Stock Performance

The company has a debt-to-equity ratio of 352.36, a current ratio of 0.30 and a quick ratio of 0.59. The stock has a 50-day simple moving average of GBX 1,569.84 and a 200-day simple moving average of GBX 1,306.97. The stock has a market cap of £2.74 billion, a P/E ratio of 2,130.90, a PEG ratio of 0.02 and a beta of 2.70.

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.