(VIANEWS) – Carnival Corp. shares rose 1.9 percent in premarket trade Tuesday after the cruise line announced that it intends to run 65 percent of its total fleet capacity by the end of 2021. The firm also revealed plans for its Carnival Cruise Line brand’s full fleet to return to service this year, bringing overall operational capacity to roughly 75 percent by year’s end. Carnival Cruise Line has begun cruises for its North America brands, with three ships sailing from U.S. ports, and plans to have 15 ships in service by the end of October, with the whole fleet traveling by the end of the year.

Shares of Carnival (CCL) rose 5.68% to $20.84 at 11:43 EST on Tuesday, after five consecutive sessions in a row of losses. NYSE Composite (CCL) is jumping 1.47% to $16,288.61, after five consecutive sessions in a row of losses. This seems, up to now, an all-around positive trend trading session today.

Carnival’s last close was $19.72, 37.44% under its 52-week high of $31.52.

Volume

Today’s last reported volume for Carnival is 33649646 which is 22.99% above its average volume of 27360285.

The company’s growth estimates for the ongoing quarter and the next is 43.4% and 48%, respectively.

Carnival’s Revenue

Year-on-year quarterly revenue growth declined by 99.5%, now sitting on 831M for the twelve trailing months.

Volatility

Carnival’s last week, last month’s, and last quarter’s current volatility was a negative 2.83%, a negative 1.50%, and a positive 2.26%, respectively.

Carnival’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.83% (last week), 2.57% (last month), and 2.26% (last quarter), respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Carnival’s stock is considered to be overbought (>=80).

Carnival’s Stock Yearly Top and Bottom Value

Carnival’s stock is valued at $20.84 at 11:43 EST, way below its 52-week high of $31.52 and way higher than its 52-week low of $12.11.

Carnival’s Moving Average

Carnival’s worth is way below its 50-day moving average of $27.23 and way under its 200-day moving average of $25.66.

News about Carnival (CCL) today

Carnival stock bounces after plans to have nearly 75% of cruise capacity operating by year end. According to today’s article on MarketWatch, “The company also announced plans in which it envisions its Carnival Cruise Line brand’s entire fleet could return to service this year, which would increase the total operating capacity to nearly 75% by year end. “, “Shares of Carnival Corp. bounced 1.9% in premarket trading Tuesday, after the cruise operator said it expects to operate 65% of its total fleet capacity by the end of 2021. ”

Carnival to operate up to 75% of fleet capacity by end of 2021. According to today’s article on Business Insider, “Eight of the company’s nine brands – AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, Princess Cruises, P&O Cruises (UK) and Seabourn – plans to resume guest operations on 54 ships to date through the end of 2021, with nearly half of the capacity represented by ships homeported in the U.S.”, “Carnival Cruise Line has announced plans that envision the brand’s entire fleet returning to service by the end of 2021, which would further increase Carnival Corp.’s total operating capacity to nearly 75% by the end of the year.”

Previous days news about Carnival (CCL)

Carnival corp.’s Carnival cruise line to operate more ships in September, October. According to MarketWatch on Monday, 19 July, “Carnival Corp. said Monday that its Carnival Cruise Line brand will have three more ships resuming operations in September, and another four in October. “, “The line is seeing “a great combination of strong demand and strong guest satisfaction scores tied to the positive guest experience on board,” Christine Duffy, president of Carnival Cruise Line, said in a statement. ”

More news about Carnival (CCL).

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