Carnival plc ADR (NYSE: CUK)’s stock price has plunge by -3.23relation to previous closing price of 13.32. Nevertheless, the company has seen a -3.81% plunge in its stock price over the last five trading sessions. PRNewsWire reported 2024-03-13 that MIAMI, March 13, 2024 /PRNewswire/ — Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has scheduled a conference call with analysts for Wednesday, March 27, 2024, at 10 a.m. (EDT); 2 p.m.
Is It Worth Investing in Carnival plc ADR (NYSE: CUK) Right Now?
Carnival plc ADR (NYSE: CUK) has a higher price-to-earnings ratio of 50.16x compared to its average ratio, The 36-month beta value for CUK is at 2.64. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CUK is 144.78M, and currently, shorts hold a 0.73% of that float. The average trading volume for CUK on May 08, 2024 was 2.08M shares.
CUK’s Market Performance
CUK stock saw a decrease of -3.81% in the past week, with a monthly decline of -8.71% and a quarterly a decrease of -11.83%. The volatility ratio for the week is 2.91%, and the volatility levels for the last 30 days are 2.84% for Carnival plc ADR (CUK). The simple moving average for the last 20 days is -2.57% for CUK stock, with a simple moving average of -8.03% for the last 200 days.
CUK Trading at -8.31% from the 50-Day Moving Average
After a stumble in the market that brought CUK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.19% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 2.91%, as shares sank -7.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.80% lower at present.
During the last 5 trading sessions, CUK fell by -3.81%, which changed the moving average for the period of 200-days by -20.19% in comparison to the 20-day moving average, which settled at $13.18. In addition, Carnival plc ADR saw -23.55% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CUK starting from Bernstein David, who sale 153,995 shares at the price of $15.37 back on Feb 15 ’24. After this action, Bernstein David now owns 181,981 shares of Carnival plc ADR, valued at $2,367,088 using the latest closing price.
Bernstein David, the CFO & CAO of Carnival plc ADR, sale 34,020 shares at $17.05 during a trade that took place back on Jan 19 ’24, which means that Bernstein David is holding 335,976 shares at $579,891 based on the most recent closing price.
Stock Fundamentals for CUK
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.32 for the gross margin
The net margin for Carnival plc ADR stands at 0.02. The total capital return value is set at 0.07. Equity return is now at value 6.30, with 0.80 for asset returns.
Based on Carnival plc ADR (CUK), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 4.62. The interest coverage ratio of the stock is 1.23.
Currently, EBITDA for the company is 4.49 billion with net debt to EBITDA at 6.02. When we switch over and look at the enterprise to sales, we see a ratio of 2.1. The receivables turnover for the company is 35.04for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.36.
Conclusion
In conclusion, Carnival plc ADR (CUK) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
