Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares traded 5.39% higher at $19.54 on Wall Street last session.
NCLH stock price is now 4.53% away from the 50-day moving average and 11.19% away from the 200-day moving average. The market capitalization of the company currently stands at $8.32B.
With the price target of $21, Mizuho recently initiated with Neutral rating for Norwegian Cruise Line Holdings Ltd (NYSE: NCLH). On March 13, 2024, Goldman recently initiated its ‘Neutral’ rating on the stock quoting a target price of $19, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Kempa Mark, EVP & CFO sold 19,965 shares of the company’s stock on Mar 08 ’24. The stock was sold for $399,532 at an average price of $20.01. Upon completion of the transaction, the EVP & CFO now directly owns 268,386 shares in the company, valued at $5.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 15 ’23, EVP Gen. Counsel & Asst. Sec’y Farkas Daniel S sold 38,000 shares of the business’s stock. A total of $739,366 was realized by selling the stock at an average price of $19.46. This leaves the insider owning 244,261 shares of the company worth $4.77 million. A total of 1.14% of the company’s stock is owned by insiders.
During the past 12 months, Norwegian Cruise Line Holdings Ltd has had a low of $12.41 and a high of $22.75. As of last week, the company has a debt-to-equity ratio of 48.96, a current ratio of 0.16, and a quick ratio of 0.13.
The net profit margin was 1.94% and return on equity was 89.97% for NCLH. The company reported revenue of $1.99 billion for the quarter, compared to $1.52 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 30.76 percent.
