Shares of Carnival jumped by a staggering 10.12% to $20.02 at 14:14 EST on Tuesday, following yesterday’s upward trend. The New York Stock Exchange is rising 1.83% to $14,254.70, following yesterday’s upward trend, on what up to now seems, an all-around positive trend trading session today.
Carnival’s last close was $18.18, under its 52-week high of $51.94.
Carnival’s sales growth is a negative 96.3% for the present quarter and a decline by 91.6% for the next. The company’s growth estimates for the current quarter and the next is a negative 403.2% and a negative 845.5%, respectively.
Year-on-year quarterly revenue growth declined by 99.5%, now sitting on 10.34B for the twelve trailing months.
Carnival’s stock is valued at $20.02 at 14:14 EST, way below its 52-week high of $51.94 and way above its 52-week low of $7.80.
Carnival’s value is way higher than its 50-day moving average of $15.22 and way higher than its 200-day moving average of $15.77.
According to Bloomberg Quint on Fri Nov 20, “Carnival Borrowing Without Ships Suggests Mnuchin May Be Right.”