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

Carnival Co. & plc (LON:CCL) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,045.09 and traded as high as GBX 2,144. Carnival Co. & shares last traded at GBX 2,074, with a volume of 2,016,509 shares changing hands.

Carnival Co. & Price Performance

The company has a debt-to-equity ratio of 204.18, a quick ratio of 0.59 and a current ratio of 0.27. The stock’s 50-day moving average is GBX 2,105.90 and its 200 day moving average is GBX 2,045.09. The stock has a market capitalization of £28.74 billion, a PE ratio of 9.14, a P/E/G ratio of 0.02 and a beta of 2.48.

About Carnival Co. &

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. The company offers its services under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises, and Cunard brand.