Carnival Co. & (LON:CCL) Stock Price Up 10.3% – Time to Buy?

Shares of Carnival Co. & plc (LON:CCL) traded up 10.3% during mid-day trading on Friday . The stock traded as high as GBX 2,191 and last traded at GBX 2,187.45. 5,490,983 shares traded hands during trading, a decline of 2% from the average session volume of 5,575,207 shares. The stock had previously closed at GBX 1,983.

Carnival Co. & Price Performance

The firm has a market capitalization of £30.37 billion, a P/E ratio of 11.92, a PEG ratio of 0.02 and a beta of 2.70. The business’s 50-day simple moving average is GBX 1,883.06 and its 200 day simple moving average is GBX 1,922.06. The company has a quick ratio of 0.59, a current ratio of 0.29 and a debt-to-equity ratio of 312.11.

Carnival Co. & (LON:CCL) last released its earnings results on Monday, September 29th. The company reported GBX 141 earnings per share for the quarter. Carnival Co. & had a return on equity of 24.45% and a net margin of 7.66%.

About Carnival Co. &

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches. The company offers its services under the Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises, and Cunard brand.