Shares of Carnival dropped 4.51% to $17.37 at session end, last week, on Friday, after one consecutive sessions in a row of gains. The New York Stock Exchange dropped 0.26% to $13827.
Carnival’s last close was $18.19, below 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 present quarter and the next is a negative 404.8% 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 $17.37 at 04:05 EST, way below its 52-week high of $51.94 and way above its 52-week low of $7.8.
Carnival’s value is way above its 50-day moving average of $15.07 and way above its 200-day moving average of $15.67.
According to Bloomberg Quint on Thu Nov 19, “Carnival Returns to Bond Market Without Its Ships as Collateral.”
According to Bloomberg Quint on Fri Nov 20, “Carnival Borrowing Without Ships Suggests Mnuchin May Be Right.”