Carnival plc ADR (CUK) Reports 0.63% Climb From For 52 Week High, It’s Always Darkest Before The Dawn

Carnival plc ADR (NYSE:CUK) does about 1.86M shares in volume on a normal day but saw 1886469 shares change hands in the recent trading day. The company now has a market cap of 3.22B USD. Its current market price is $22.23, marking an increase of 2.16% compared to the previous close of $21.76. The 52 week high reached by this stock is $22.09 whilst the lowest price level in 52 weeks is $10.98.

Carnival plc ADR (CUK) has a 20-day trading average at $20.12 and the current price is 0.63% off the 52-week high compared with 102.46% distance from its 52-week low. The 50-day simple moving average of the closing price is $17.84 and its 200-day simple moving average is $15.36. If we look at the stock’s price movements over the week, volatility stands at 2.87%, which decreases to 2.84% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 76.16 to suggest the stock is overbought.

The consensus objective for the share price is $23.01, suggesting that the stock has a potential upside of 3.39% over the period.

The current price level is 10.49%, 24.58%, and 44.75% away from its SMA20, SMA50, and SMA200 respectively, with the CUK price moving below the 50-day SMA on current market day. Carnival plc ADR (CUK) stock is up 11.37% over the week and 18.75% over the past month. Its price is 31.85% year-to-date and 100.63% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 1.29 for whole year.

To reach the target analysts have set, the stock logically needs to grow 3.39 percent from here.

The company has a return on investment of 4.29% and return on equity of 20.12%. The price to earnings ratio (P/E ratio) amounts to 19.79 while the forward price to earnings ratio is 12.98. The beta has a value of 2.72. Price to book ratio is 3.28 and price to sales ratio is 0.13.