Carnival Co. & (NYSE:CUK) Shares Gap Down to $9.19

Carnival Co. & plc (NYSE:CUKGet Rating)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $9.19, but opened at $9.00. Carnival Co. & shares last traded at $8.71, with a volume of 72,650 shares traded.

Carnival Co. & Trading Down 0.9 %

The company has a debt-to-equity ratio of 3.54, a current ratio of 0.64 and a quick ratio of 0.61. The company has a fifty day moving average of $8.88 and a 200-day moving average of $12.00. The firm has a market capitalization of $1.58 billion, a PE ratio of -1.05 and a beta of 2.05.

Carnival Co. & (NYSE:CUKGet Rating) last announced its quarterly earnings data on Friday, June 24th. The company reported ($1.64) earnings per share (EPS) for the quarter. Carnival Co. & had a negative return on equity of 67.51% and a negative net margin of 156.75%. The firm had revenue of $2.40 billion for the quarter.

Hedge Funds Weigh In On Carnival Co. &

Several institutional investors have recently bought and sold shares of the stock. Cetera Advisor Networks LLC raised its holdings in Carnival Co. & by 8.4% during the second quarter. Cetera Advisor Networks LLC now owns 14,882 shares of the company’s stock valued at $118,000 after buying an additional 1,154 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Carnival Co. & by 26.2% in the first quarter. HighTower Advisors LLC now owns 54,854 shares of the company’s stock worth $999,000 after purchasing an additional 11,391 shares during the period. Ergoteles LLC increased its stake in shares of Carnival Co. & by 14.3% in the first quarter. Ergoteles LLC now owns 96,135 shares of the company’s stock worth $1,756,000 after purchasing an additional 12,026 shares during the period. Twin Tree Management LP increased its stake in shares of Carnival Co. & by 191.4% in the first quarter. Twin Tree Management LP now owns 6,571 shares of the company’s stock worth $120,000 after purchasing an additional 13,758 shares during the period. Finally, Blueshift Asset Management LLC bought a new position in shares of Carnival Co. & in the first quarter worth about $300,000. 12.90% of the stock is currently owned by institutional investors.

About Carnival Co. &

(Get Rating)

Carnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. The company also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

Recommended Stories

Receive News & Ratings for Carnival Co. & Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carnival Co. & and related companies with MarketBeat.com's FREE daily email newsletter.