Carnival Co. & (LON:CCL) Trading 10.3% Higher – What’s Next?

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

Carnival Co. & Trading Up 16.6%

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

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

Carnival Co. & Company Profile

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.