Carnival Co. & (NYSE:CUK) Shares Gap Up to $14.09

Carnival Co. & plc (NYSE:CUK) gapped up before the market opened on Tuesday . The stock had previously closed at $14.09, but opened at $14.42. Carnival Co. & shares last traded at $14.47, with a volume of 252,091 shares traded.

Carnival Co. & Stock Up 1.5 %

The company has a market capitalization of $2.68 billion, a PE ratio of 55.00 and a beta of 2.62. The firm’s 50-day simple moving average is $13.76 and its 200 day simple moving average is $14.63. The company has a debt-to-equity ratio of 4.27, a quick ratio of 0.32 and a current ratio of 0.36.

Carnival Co. & (NYSE:CUK) last issued its earnings results on Wednesday, March 27th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.08. The company had revenue of $5.41 billion for the quarter. Carnival Co. & had a net margin of 1.79% and a return on equity of 7.75%.

Institutional Investors Weigh In On Carnival Co. &

Several institutional investors have recently made changes to their positions in the stock. EntryPoint Capital LLC boosted its position in shares of Carnival Co. & by 595.8% in the 1st quarter. EntryPoint Capital LLC now owns 2,011 shares of the company’s stock worth $30,000 after buying an additional 1,722 shares in the last quarter. GAMMA Investing LLC purchased a new stake in shares of Carnival Co. & in the 4th quarter worth about $33,000. Quadrant Capital Group LLC boosted its position in shares of Carnival Co. & by 131.3% in the 4th quarter. Quadrant Capital Group LLC now owns 3,300 shares of the company’s stock worth $56,000 after buying an additional 1,873 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of Carnival Co. & in the 1st quarter worth about $76,000. Finally, Qtron Investments LLC purchased a new stake in shares of Carnival Co. & in the 4th quarter worth about $201,000. 23.80% of the stock is currently owned by hedge funds and other institutional investors.

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.