The stock of Royal Caribbean Cruises Ltd. (RCL) has seen a -4.95% decrease in the past week, with a -13.93% drop in the past month, and a 16.34% flourish in the past quarter. The volatility ratio for the week is 5.31%, and the volatility levels for the past 30 days are at 3.44% for RCL. The simple moving average for the last 20 days is -8.22% for RCL stock, with a simple moving average of 26.22% for the last 200 days.
Is It Worth Investing in Royal Caribbean Cruises Ltd. (NYSE: RCL) Right Now?
The 36-month beta value for RCL is also noteworthy at 2.47. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 1 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for RCL is $77.80, which is $13.77 above than the current price. The public float for RCL is 219.97M, and at present, short sellers hold a 8.95% of that float. The average trading volume of RCL on March 17, 2023 was 3.81M shares.
RCL) stock’s latest price update
Royal Caribbean Cruises Ltd. (NYSE: RCL)’s stock price has increased by 4.53 compared to its previous closing price of 62.06. Despite this, the company has experienced a -4.95% fall in its stock price over the last five trading sessions. Barron’s reported on 02/07/23 that Royal Caribbean Beats Earnings Estimates and Signals Strong Bookings
Analysts’ Opinion of RCL
The stock of Royal Caribbean Cruises Ltd. (RCL) has seen a -4.95% decrease in the past week, with a -13.93% drop in the past month, and a 16.34% flourish in the past quarter. The volatility ratio for the week is 5.31%, and the volatility levels for the past 30 days are at 3.44% for RCL. The simple moving average for the last 20 days is -8.22% for RCL stock, with a simple moving average of 26.22% for the last 200 days.
Analysts’ Opinion of RCL
Many brokerage firms have already submitted their reports for RCL stocks, with BofA Securities repeating the rating for RCL by listing it as a “Neutral.” The predicted price for RCL in the upcoming period, according to BofA Securities is $78 based on the research report published on February 08th of the current year 2023.
Morgan Stanley, on the other hand, stated in their research note that they expect to see RCL reach a price target of $50, previously predicting the price at $40. The rating they have provided for RCL stocks is “Equal-Weight” according to the report published on January 10th, 2023.
JP Morgan gave a rating of “Underweight” to RCL, setting the target price at $47 in the report published on December 06th of the previous year.
RCL Trading at -2.86% from the 50-Day Moving Average
After a stumble in the market that brought RCL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.02% of loss for the given period.
Volatility was left at 3.44%, however, over the last 30 days, the volatility rate increased by 5.31%, as shares sank -14.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.18% upper at present.
During the last 5 trading sessions, RCL fell by -4.95%, which changed the moving average for the period of 200-days by +11.48% in comparison to the 20-day moving average, which settled at $70.13. In addition, Royal Caribbean Cruises Ltd. saw 31.24% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RCL starting from Sorensen Vagn O, who sale 6,000 shares at the price of $74.36 back on Mar 06. After this action, Sorensen Vagn O now owns 29,265 shares of Royal Caribbean Cruises Ltd., valued at $446,149 using the latest closing price.
Wilhelmsen Arne Alexander, the Director of Royal Caribbean Cruises Ltd., sale 13,600 shares at $58.19 during a trade that took place back on Dec 13, which means that Wilhelmsen Arne Alexander is holding 21,064,632 shares at $791,421 based on the most recent closing price.
Stock Fundamentals for RCL
Current profitability levels for the company are sitting at:
- -10.52 for the present operating margin
- +7.25 for the gross margin
The net margin for Royal Caribbean Cruises Ltd. stands at -24.39. Equity return is now at value -64.10, with -6.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.37.
Conclusion
In summary, Royal Caribbean Cruises Ltd. (RCL) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
