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

Carnival Co. & plc (LON:CCL)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,025.52 and traded as high as GBX 2,149. Carnival Co. & shares last traded at GBX 2,140, with a volume of 68,859,094 shares traded.

Carnival Co. & Price Performance

The stock has a market capitalization of £27.54 billion, a price-to-earnings ratio of 10.38, a PEG ratio of 0.02 and a beta of 2.70. The company has a current ratio of 0.29, a quick ratio of 0.59 and a debt-to-equity ratio of 312.11. The stock has a 50-day moving average price of GBX 2,059.01 and a 200 day moving average price of GBX 2,026.81.

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.