(VIANEWS) – Since the Carnival earnings report (CCL Quick QuoteCCL-Free Report), a month has passed. The shares have seen a loss of 11.6% over that period, which is below the S&P 500.

Zacks Investment Research reported that the negative trend leading to Carnival’s next earnings report will continue.

Due to the pandemic, the firm did not provide profits projection for fiscal 2021. However, it anticipates that the phased resumption of cruise operations would have a substantial impact on all elements of its business, including the company’s liquidity, financial condition, and operating results. Going forward, the business expects to record a net loss under both US GAAP and adjusted accounting for the third quarter and full year ending November 30, 2021.

Shares of Carnival (CCL) fell 5.18% to $21.53 at 15:47 EST on Friday, following the last session’s downward trend. NYSE Composite is sliding 0.6% to $16,596.51, after two sequential sessions in a row of gains. This seems, up to now, a somewhat negative trend trading session today.

Carnival’s last close was $22.71, 27.95% under its 52-week high of $31.52.

Volume

Today’s last reported volume for Carnival is 30600054 which is 0.77% above its average volume of 30365450.

The company’s growth estimates for the current 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 positive 0.15%, a negative 0.67%, and a positive 2.63%, 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 3.49% (last week), 3.66% (last month), and 2.63% (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 $21.53 at 15:47 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 value is way under its 50-day moving average of $25.32 and way under its 200-day moving average of $25.65.

Previous days news about Carnival (CCL)

Why is Carnival (ccl) down 11.6% since last earnings report?. According to Zacks Investment Research on Wednesday, 28 July, “Currently, Carnival has a poor Growth Score of F, a grade with the same score on the momentum front. “, “A month has gone by since the last earnings report for Carnival (CCL Quick QuoteCCL – Free Report) . ”

More news about Carnival (CCL).

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