(VIANEWS – Carnival Corporation & plc [CCL, CUK and CCL.L] stated that they expect to resume guest cruise operations by 2021 with 65% of their total fleet capacity across eight cruise line brands.
Array reports that carnival Cruise Line plans to bring back its entire fleet of ships by 2021. This would increase Carnival Corp.’s overall operating capacity to almost 75% at the end.
Shares of Carnival (CCL) rose 6.8% to $22.63 at 11:45 EST on Wednesday, following the last session’s upward trend. NYSE Composite (CCL) is jumping 0.86% to $16,462.20, following the last session’s upward trend. This seems, up to now, a somewhat up trend trading session today.
Carnival’s last close was $21.19, 32.77% below its 52-week high of $31.52.
Today’s last reported volume for Carnival is 46053604 which is 59.58% above its average volume of 28860047.
The company’s growth estimates for the ongoing quarter and the next is 43.4% and 48%, respectively.
Year-on-year quarterly revenue growth declined by 99.5%, now sitting on 831M for the twelve trailing months.
Carnival’s last week, last month’s, and last quarter’s current volatility was a negative 4.63%, a negative 2.13%, 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 4.63% (last week), 2.94% (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 $22.63 at 11:46 EST, way under 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 under its 50-day moving average of $26.84 and way below its 200-day moving average of $25.59.
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. ”
Carnival stock bounces after plans to have nearly 75% of cruise capacity operating by year end. According to MarketWatch on Tuesday, 20 July, “For its North America brands, Carnival Cruise Line has resumed cruises with three ships sailing out of U.S. ports, and intends to have 15 ships in operation by the end of October and its entire fleet cruising 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 Business Insider on Tuesday, 20 July, “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.”, “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.”
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