Carnival Co. & (LON:CCL) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Shares of 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 2,044.75 and traded as high as GBX 2,144. Carnival Co. & shares last traded at GBX 2,036, with a volume of 80,288,867 shares trading hands.

Carnival Co. & Trading Down 2.8%

The company has a debt-to-equity ratio of 204.18, a current ratio of 0.27 and a quick ratio of 0.59. The company has a market cap of £28.22 billion, a price-to-earnings ratio of 8.97, a price-to-earnings-growth ratio of 0.02 and a beta of 2.48. The business has a 50 day simple moving average of GBX 2,079.40 and a 200 day simple moving average of GBX 2,044.75.

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. 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.