The Week Ahead: Are Investors Really Too Optimistic About Carnival plc ADR (NYSE: CUK)

Carnival plc ADR (NYSE:CUK) currently has a daily average trading volume of 2.01M but it saw 2553060 shares traded in last market. With a market cap of 2.71B USD, the company’s current market price of $18.71 came rising about 0.81 while comparing to the previous closing price of $18.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.66 and as low as $9.77. In the recent trading on the day, stock has struck highest price mark of $18.12 while lowest mark touched by it was $18.74.

Taking a look at 20-day trading activity of Carnival plc ADR (CUK) gives us an average price of $16.74, while its current price level is 0.29% below from 52-week high level whereas it is 91.50% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $15.27 while that of 200 days or SMA-200 reads an average of $14.88. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.32% during that period while stretching the period over a month that decreases to 3.59%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 71.89 which implies that the stock is in overbought territory.

Over the week, CUK’s stock price is moving 19.55% up while it is 25.15% when we observe its performance for the past one month. Year-to-date it is 10.97% up and over the past year, the stock is showing an upside performance of 61.71%.

The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 1.29.

Currently, Carnival plc ADR’s total number of outstanding shares is 144.81M. Company’s return on investment (ROI) stands at 4.29% and return on equity (ROE) at 20.12%. It has a price to earnings ratio (P/E ratio) of 16.66 while having a 11.02 of forward P/E ratio. Stock’s beta reads 2.75. Stock has a price to book (P/B) ratio of 2.76 while price to sale or P/S ratio amounts to 0.11. Its return on asset (ROA) is 3.14% on average.