Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Carnival Corp’s current trading price is -18.44% away from its 52-week high, while its distance from the 52-week low is 69.99%. The stock’s price range during this period has varied between $13.78 and $28.72. The company, active in the Consumer Cyclical sector, saw a trading volume of around 10.03 million for the day, considerably lower average daily volume of 26.68 million observed over the last three months.
Carnival Corp’s stock has seen a smooth market performance.
How Financial Performance Impacts Market Capitalization
Carnival Corp (CCL) has experienced a quarterly rise of 0.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.38B.
The Role of Moving Averages and Trading Volume in Technical Analysis
How CCL’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CCL stands at 3.09. Similarly, the long-term debt-to-equity ratio is also 2.91.
CCL Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -6.00%. However, over the past six months, we’ve seen a stronger performance of -7.56%. The price of CCL fallen by 25.74% over the last 30 days. And in the last five days, it has surged by 5.28%.
