Norwegian Cruise Line Stock Bearish Momentum With A 29% Drop In The Last 21 Sessions

(VIANEWS) – Shares of Norwegian Cruise Line (NASDAQ: NCLH) slid by a staggering 29.49% in 21 sessions from $17.8 at 2023-02-16, to $12.55 at 11:15 EST on Monday, following the last session’s downward trend. NASDAQ is dropping 0.37% to $11,588.02, following the last session’s downward trend.

Norwegian Cruise Line’s last close was $12.58, 46.31% under its 52-week high of $23.43.

About Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. As of December 31, 2021, the company had 28 ships with approximately 59,150 berths. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.

Earnings Per Share

As for profitability, Norwegian Cruise Line has a trailing twelve months EPS of $-15.75.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -204.7%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 56.4% and 81.9%, respectively.

Moving Average

Norwegian Cruise Line’s worth is way under its 50-day moving average of $15.52 and way under its 200-day moving average of $14.32.

Revenue Growth

Year-on-year quarterly revenue growth grew by 955.3%, now sitting on 3.81B for the twelve trailing months.

More news about Norwegian Cruise Line (NCLH).

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