The price of Carnival Corp (NYSE:CCL) shares last traded on Wall Street rose 9.61% to $22.13.
CCL stock price is now 13.71% away from the 50-day moving average and 4.39% away from the 200-day moving average. The market capitalization of the company currently stands at $29.03B.
On April 10, 2025, Morgan Stanley Upgraded its previous ‘Underweight’ rating to ‘Equal-Weight’ on the stock keeping its target price maintained at $21, while ‘Exane BNP Paribas’ rates the stock as ‘Outperform’
In other news, Bernstein David, Officer bought 80,000 shares of the company’s stock on Feb 18 ’25. The stock was bought for $2,070,400 at an average price of $25.88. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 29 ’24, Director BAND SIR JONATHON sold 17,500 shares of the business’s stock. A total of $380,100 was realized by selling the stock at an average price of $21.72. This leaves the insider owning 65,789 shares of the company worth $1.46 million. A total of 17.90% of the company’s stock is owned by insiders.
During the past 12 months, Carnival Corp has had a low of $13.78 and a high of $28.72. As of last week, the company has a debt-to-equity ratio of 3.09, a current ratio of 0.23, and a quick ratio of 0.18.
The net profit margin was 8.07% and return on equity was 25.87% for CCL. The company reported revenue of $5.81 billion for the quarter, compared to $5.41 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.47 percent.
