Carnival Co. & (LON:CCL) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Carnival Co. & plc (LON:CCL) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,344.69 ($16.90) and traded as high as GBX 1,927 ($24.22). Carnival Co. & shares last traded at GBX 1,887 ($23.71), with a volume of 2,525,276 shares trading hands.

Carnival Co. & Stock Performance

The stock has a market cap of £2.73 billion, a P/E ratio of 2,120.22, a price-to-earnings-growth ratio of 0.02 and a beta of 2.70. The company has a debt-to-equity ratio of 352.36, a current ratio of 0.30 and a quick ratio of 0.59. The stock’s 50 day simple moving average is GBX 1,655.95 and its two-hundred day simple moving average is GBX 1,346.64.

About Carnival Co. &

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.