Estimating Price Trends For Carnival plc ADR (NYSE: CUK)

Carnival plc ADR (NYSE:CUK) does about 1.86M shares in volume on a normal day but saw 952423 shares change hands in the recent trading day. The company now has a market cap of 3.31B USD. Its current market price is $22.83, marking an increase of 0.44% compared to the previous close of $22.73. The 52 week high reached by this stock is $23.08 whilst the lowest price level in 52 weeks is $12.50.

Carnival plc ADR (CUK) has a 20-day trading average at $21.75 and the current price is -1.06% off the 52-week high compared with 82.64% distance from its 52-week low. The 50-day simple moving average of the closing price is $19.47 and its 200-day simple moving average is $15.79. If we look at the stock’s price movements over the week, volatility stands at 2.29%, which increases to 2.77% 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 73.51 to suggest the stock is overbought.

The consensus objective for the share price is $23.75, suggesting that the stock has a potential upside of 3.87% over the period.

The current price level is 4.97%, 17.23%, and 44.62% away from its SMA20, SMA50, and SMA200 respectively, with the CUK price moving above the 50-day SMA on current market day. Carnival plc ADR (CUK) stock is up 0.57% over the week and 14.49% over the past month. Its price is 35.41% year-to-date and 74.81% over the past year.

To reach the target analysts have set, the stock logically needs to grow 3.87 percent from here.

Outstanding shares total 144.81M with insiders holding 0.00% of the shares and institutional holders owning 27.26% of the company’s common stock. 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 20.33 while the forward price to earnings ratio is 13.33. The beta has a value of 2.73. Price to book ratio is 3.36 and price to sales ratio is 0.14.