Do futuristic bulls still own Carnival plc ADR [CUK] stock?

Carnival plc ADR (NYSE:CUK) shares traded -0.71% lower at $15.39 on Wall Street last session.

CUK stock price is now 5.13% away from the 50-day moving average and 7.97% away from the 200-day moving average. The market capitalization of the company currently stands at $2.23B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

, while ‘Berenberg’ rates the stock as ‘Hold’

In other news, Bernstein David, CFO & CAO sold 153,995 shares of the company’s stock on Feb 15 ’24. The stock was sold for $2,367,088 at an average price of $15.37. Upon completion of the transaction, the CFO & CAO now directly owns 181,981 shares in the company, valued at $2.8 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 19 ’24, CFO & CAO Bernstein David sold 34,020 shares of the business’s stock. A total of $579,891 was realized by selling the stock at an average price of $17.05. This leaves the insider owning 335,976 shares of the company worth $5.17 million. A total of 0.01% of the company’s stock is owned by insiders.

During the past 12 months, Carnival plc ADR has had a low of $7.83 and a high of $17.95. As of last week, the company has a debt-to-equity ratio of 4.63, a current ratio of 0.43, and a quick ratio of 0.39. The fifty day moving average price for CUK is $14.64 and a two-hundred day moving average price translates $14.27 for the stock.

The latest earnings results from Carnival plc ADR (NYSE: CUK) was released for Nov, 2023. The net profit margin was -0.34% and return on equity was -1.06% for CUK. The company reported revenue of $5.4 billion for the quarter, compared to $3.84 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 40.56 percent. For the current quarter, analysts expect CUK to generate $23.73B in revenue.

Related Posts