Carnival Co. & (LON:CCL) Shares Cross Above 200 Day Moving Average – Here’s Why

Carnival Co. & plc (LON:CCL) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,677.34 ($22.73) and traded as high as GBX 2,102 ($28.49). Carnival Co. & shares last traded at GBX 2,087 ($28.29), with a volume of 357,476 shares trading hands.

Carnival Co. & Trading Up 1.1%

The company has a quick ratio of 0.59, a current ratio of 0.29 and a debt-to-equity ratio of 312.11. The stock’s 50 day moving average price is GBX 2,057.76 and its 200-day moving average price is GBX 1,677.34. The stock has a market capitalization of £27.39 billion, a P/E ratio of 1,092.67, a P/E/G ratio of 0.02 and a beta of 2.70.

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.