Shares of Carnival rose 4.6% to $21.02 at 09:53 EST on Thursday, after three sequential sessions in a row of losses. NYSE Composite is dropping 0.18% to $14,983.61, following last session’s downward trend, This seems, at the moment, a somewhat rough trend trading session today.
Carnival’s last close was $20.13, 147.10% under its 52-week high of $51.94.
Carnival’s sales growth is a negative 97% for the current quarter and a decline by 93.1% for the next. The company’s growth estimates for the ongoing quarter and the next is a negative 400% and a negative 836.4%, respectively.
Year-on-year quarterly revenue growth declined by 99.5%, now sitting on 10.34B for the twelve trailing months.
Carnival’s last day, last week, and last month’s average volatility was a negative 0.05%, a negative 0.46%, and a negative 0.50%, respectively.
Carnival’s last day, last week, and last month’s high and low average amplitude percentage was 2.70%, 3.74%, and 5.05%, respectively.
Carnival’s Stock Yearly Top and Bottom Value
Carnival’s stock is valued at $21.02 at 09:53 EST, way below its 52-week high of $51.94 and way higher than its 52-week low of $7.80.
Carnival’s Moving Average
Carnival’s value is below its 50-day moving average of $21.29 and way higher than its 200-day moving average of $16.81.
Previous days news about Carnival
Carnival expects to report quarterly net loss of more than $2 billion. According to MarketWatch on Monday, 11 January, "Shares of Carnival Corp. fell 1.6% in premarket trading Monday, after the cruise operator indicated that fiscal fourth-quarter losses would be greater than expected, while cash burn was better than forecast. "
Carnival loses $1.9 billion, but says 2022 demand is high. According to Bloomberg Quint on Monday, 11 January, "Yet Carnival said cumulative advanced bookings for the first half of 2022 are now ahead of 2019 levels, even after the company slashed spending on marketing, which it says reflects pent-up demand among customers who haven’t been able to get on a ship since the first quarter of 2020."
Carnival eyes return to Cuba after biden takes charge. According to Bloomberg Quint on Monday, 11 January, "After the cruise industry came to a halt in March because of the pandemic, Carnival and its rivals are seeing demand rebound. "
Caohejing hi-tech Carnival drives forward with vision to digitalize shanghai. According to Business Insider on Wednesday, 13 January, "The 5th Caohejing Hi-Tech Carnival kicked off on the morning of January 12 with this year’s focus on chip design and fintech to explore how urban digitalization in Shanghai empowers the integrated circuit (IC) industry through financial innovation. "