Shares of Carnival rose 9.65% to $19.93 at 09:54 EST on Tuesday, following yesterday’s downward trend. The New York Stock Exchange is rising 1.24% to $13,998.20, following yesterday’s upward trend, on what up to now seems, an all-around positive trend trading session today.
Carnival’s last close was $17.37, below its 52-week high of $51.94.
Carnival’s sales growth is a negative 96.3% for the current quarter and a decline by 91.6% for the next. The company’s growth estimates for the present 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 $19.93 at 09:54 EST, way under its 52-week high of $51.94 and way higher than its 52-week low of $7.80.
Carnival’s worth is way above its 50-day moving average of $15.14 and way above its 200-day moving average of $15.74.
According to Bloomberg Quint on Fri Nov 20, “Carnival Borrowing Without Ships Suggests Mnuchin May Be Right.”