Carnival Co. & (NYSE:CUK) Shares Gap Up – Here’s What Happened

Carnival Co. & plc (NYSE:CUK) gapped up prior to trading on Monday . The stock had previously closed at $21.05, but opened at $21.63. Carnival Co. & shares last traded at $21.32, with a volume of 663,149 shares trading hands.

Carnival Co. & Price Performance

The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.25 and a current ratio of 0.29. The stock has a market capitalization of $4.12 billion, a PE ratio of 15.81 and a beta of 2.69. The company’s fifty day simple moving average is $23.15 and its two-hundred day simple moving average is $20.15.

Carnival Co. & (NYSE:CUK) last issued its quarterly earnings data on Friday, December 20th. The company reported $0.14 earnings per share (EPS) for the quarter. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. As a group, sell-side analysts predict that Carnival Co. & plc will post 1.7 EPS for the current year.

Institutional Investors Weigh In On Carnival Co. &

Hedge funds and other institutional investors have recently modified their holdings of the company. Blue Trust Inc. boosted its position in Carnival Co. & by 18.7% during the fourth quarter. Blue Trust Inc. now owns 3,703 shares of the company’s stock worth $83,000 after acquiring an additional 583 shares during the last quarter. Signaturefd LLC raised its position in shares of Carnival Co. & by 10.6% in the 3rd quarter. Signaturefd LLC now owns 6,270 shares of the company’s stock worth $105,000 after buying an additional 599 shares during the period. GAMMA Investing LLC boosted its holdings in Carnival Co. & by 28.7% in the fourth quarter. GAMMA Investing LLC now owns 2,926 shares of the company’s stock valued at $66,000 after acquiring an additional 652 shares during the last quarter. Legal & General Group Plc grew its position in Carnival Co. & by 106.2% during the fourth quarter. Legal & General Group Plc now owns 6,917 shares of the company’s stock valued at $156,000 after acquiring an additional 3,562 shares during the period. Finally, Aristides Capital LLC increased its stake in Carnival Co. & by 12.1% during the fourth quarter. Aristides Capital LLC now owns 52,913 shares of the company’s stock worth $1,191,000 after acquiring an additional 5,710 shares during the last quarter. 23.80% of the stock is currently owned by hedge funds and other institutional investors.

About Carnival Co. &

Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.