rts logo

Are we looking at the next big move in Carnival plc ADR (CUK)?

Carnival plc ADR (NYSE: CUK) is -8.72% lower on its value in year-to-date trading and has touched a low of $7.83 and a high of $17.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CUK stock was last observed hovering at around $15.50 in the last trading session, with the day’s loss setting it -0.11%.

Currently trading at $15.39, the stock is 4.27% and 5.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.67 million and changing -0.71% at the moment leaves the stock 7.97% off its SMA200. CUK registered 86.32% gain for a year compared to 6-month gain of 22.43%. The firm has a 50-day simple moving average (SMA 50) of $2.27 and a 200-day simple moving average (SMA200) of $11.22.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 13.66% loss in the last 1 month and extending the period to 3 months gives it a -10.89%, and is 6.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.35% over the week and 3.10% over the month.

Fwd P/E is 11.02. Profit margin for the company is -0.34%. Distance from 52-week low is 96.55% and -14.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.20%).

Carnival plc ADR quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $23.73B over the same period., but quarterly earnings will post 9.90% year-over-year. Quarterly sales are estimated to grow 9.90% in year-over-year returns.

Carnival plc ADR (CUK) Top Institutional Holders

104 institutions hold shares in Carnival plc ADR (CUK), with institutional investors hold 24.99% of the company’s shares. The shares outstanding are 144.80M, and float is at 144.78M with Short Float at 0.64%. Institutions hold 24.99% of the Float.

The top institutional shareholder in the company is Aristeia Capital, LLC with over 13.69 million shares valued at $232.12 million. The investor’s holdings represent 9.36% of the CUK Shares outstanding. As of Dec 30, 2022, the second largest holder is Norges Bank Investment Management with 3.64 million shares valued at $26.18 million to account for 2.49% of the shares outstanding. The other top investors are Bank of America Corporation which holds 3.16 million shares representing 2.16% and valued at over $53.54 million, while JP Morgan Chase & Company holds 2.05% of the shares totaling 2.99 million with a market value of $50.7 million.

Carnival plc ADR (CUK) Insider Activity

The most recent transaction is an insider sale by Bernstein David,the company’sCFO & CAO. SEC filings show that Bernstein David sold 153,995 shares of the company’s common stock on Feb 15 ’24 at a price of $15.37 per share for a total of $2.37 million. Following the sale, the insider now owns 0.18 million shares.

Carnival plc ADR disclosed in a document filed with the SEC on Jan 19 ’24 that Bernstein David (CFO & CAO) sold a total of 34,020 shares of the company’s common stock. The trade occurred on Jan 19 ’24 and was made at $17.05 per share for $0.58 million. Following the transaction, the insider now directly holds 0.34 million shares of the CUK stock.

Still, SEC filings show that on Oct 19 ’23, WEISENBURGER RANDALL J (Director) acquired 100,000 shares at an average price of $11.50 for $1.15 million. The insider now directly holds 378,368 shares of Carnival plc ADR (CUK).

Related Posts