Carnival Co. & (NYSE:CUK) Shares Gap Up to $16.67

Carnival Co. & plc (NYSE:CUK)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $16.67, but opened at $17.04. Carnival Co. & shares last traded at $16.12, with a volume of 697,568 shares changing hands.

Carnival Co. & Stock Performance

The business has a 50 day moving average price of $15.12 and a two-hundred day moving average price of $14.76. The stock has a market cap of $3.07 billion, a P/E ratio of 24.91 and a beta of 2.74. The company has a quick ratio of 0.24, a current ratio of 0.28 and a debt-to-equity ratio of 3.99.

Carnival Co. & (NYSE:CUK) last announced its quarterly earnings data on Monday, September 30th. The company reported $1.27 earnings per share (EPS) for the quarter. The business had revenue of $7.90 billion during the quarter. Carnival Co. & had a net margin of 3.86% and a return on equity of 15.22%.

Institutional Trading of Carnival Co. &

A number of institutional investors and hedge funds have recently bought and sold shares of CUK. Acadian Asset Management LLC purchased a new position in shares of Carnival Co. & during the first quarter valued at about $9,001,000. QRG Capital Management Inc. bought a new stake in Carnival Co. & in the 1st quarter worth approximately $1,189,000. EntryPoint Capital LLC increased its stake in 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 acquiring an additional 1,722 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Carnival Co. & during the 4th quarter worth approximately $210,000. Finally, Seven Eight Capital LP boosted its position in shares of Carnival Co. & by 40.7% during the 2nd quarter. Seven Eight Capital LP now owns 121,277 shares of the company’s stock valued at $2,088,000 after acquiring an additional 35,066 shares during the last quarter. 23.80% of the stock is currently owned by institutional investors.

Carnival Co. & Company Profile

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.