CCL stock price today is 30.54 USD with a volume of 19,384,111. At the same time, its chart fluctuates between 30.25 USD – 31.10 USD. CCL stock price was a maximum of 31.50 USD and a minimum of 12.11 USD within 52 weeks. Its average volume is 32,711,342 and it is ranked 36.359B in the MarketCap listings. The target point of CCL stock price at the end of 1 year is 28.05 USD.
In the IBD listing, CCL stock ranks 14th among 37 other stokcs. CCL stock has an IBD Composite Rating of 47, which means Carnival stock is behind 53% of other stocks on a number of technical and fundamental factors, particularly price performance and earnings. Stocks with a score of 90 or higher on a 1 to 99 scale are generally considered more by CAN SLIM investors.
CCL stock has an Earnings Per Stock Rating of 10, which is a low rating for a stock. Despite the low 10 points, it is not surprising considering the impact of the coronavirus pandemic on the leisure and travel industries. Thus, Carnival’s earnings per stock increase only surpassed 10% of all publicly traded companies.
Stocks with an EPS Rating above 80 have the best chance of success. The company may also suffer losses in 2021, so the EPS rating may decrease further. Considering the composite profitability measure, it shows that Carnival is in the bottom 20% of all publicly traded stocks.
Carnival Corporation & Plc
Carnival Corporation & plc is the world’s largest and most successful travel entertainment company. The company is also a British-American cruise operator with a fleet of more than 100 ships belonging to 10 cruise line brands. The company was founded in 1972 and is the world’s largest travel entertainment company with nine cruise line brands and a fleet of more than 100 vessels. Carnival is a double-listed company. In other words, these two companies, namely Panama, USA-based Carnival Corporation and UK-based Carnival plc, operate under one roof.
Unlike Carnival Corporation, which is traded on the New York Stock Exchange, Carnival plc is traded on the London Stock Exchange. ADRs represent stocks of Carnival plc, which are listed on the New York Stock Exchange. The company has also entered both the S&P 500 and FTSE 250 lists.
Technical Ratings of CCL Stock
When looking for the best stocks, investors want to see a stock with a suitable chart because they want to earn a profit to buy. Long-term research by IBD has revealed that certain chart patterns are the launch pads that initiate nearly all major stock movements.
The previous CCL stock split occurred in 2017, and the stock had come off a flat bottom in March of that year. However, on January 30, 2018, it entered a downtrend and on some downturn days the volume was four times the average. This was also a bearish signal.
In 2020, CCL stock dropped to 7.80 from over 50 a year ago due to news of an outbreak in China, but has now risen to 28 again. The stock is trading above its 200-day and 50-day moving averages, and investors should use the 50-day average when evaluating stocks.
Should You Buy CLL Stock?
The stock looks set for a good trip and revival once the coronavirus pandemic is fully cleared from the world. Still, it looks like better stocks can be found, given the stock’s lower earnings per share and its Composite Rating.
Growth stock investors should naturally review and focus on the top stocks, often in the stock market’s leading industry groups. Unfortunately, CCL stock does not yet meet this standard. At the moment, we cannot say that CCL stock is a good buying opportunity, but it may be a stock worth watching.
This is not investment advice. You must do your own research and make your own decisions. We are not responsible for the problems that may arise from your investment.