Carnival plc (NASDAQ: CUK) Stocks Generating Improved Relative Strength

Carnival plc day trading at USD 15.25 per share, then rallying to 15.25 and closing at USD 14 per share. A net loss of -8.19% for the day. Long term pricing analysis shows the stock trading at 71.76% lower than it’s 52week high and -96.18% higher than the 52week low. The share volume traded for the day was 1,735K which was 0 times the 50 Day Average Volume.

Carnival plc had a market cap of 9,947,517K as of 28th May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 2.70.

Carnival plc is a British-Panamanian cruise operator, currently the world’s largest travel leisure company, with a combined fleet of over 100 vessels across 10 cruise line brands. A dual-listed company, Carnival is composed of two companies, Panama incorporated Carnival Corporation and UK-based Carnival plc, which function as one entity.

Financial Results

Carnival plc First Quarter Of Fiscal 2020.

  • S. GAAP net loss of $(781) million, or $(1.14) diluted EPS, for the first quarter of 2020, compared to U.S. GAAP net income for the first quarter of 2019 of $336 million, or $0.48 diluted EPS. First-quarter 2020 net loss includes $932 million of goodwill and ship impairment charges, reduced by net gains on ship sales.
  • First-quarter 2020 adjusted net income of $150 million, or $0.22 adjusted EPS, compared to adjusted net income of $338 million, or $0.49 adjusted EPS, for the first quarter of 2019. First-quarter 2020 adjusted net income excludes net charges of $932 million for the first quarter of 2020 and net charges of $2 million for the first quarter of 2019.
  • The impact of COVID-19 on the first quarter 2020 net loss is approximately $0.23 per share, which includes canceled voyages and other voyage disruptions, and excludes the impairment charges described above. Other previously disclosed voyage disruptions, noted during the Corporation’s December earnings conference call, also impacted the first quarter 2020 results by approximately $0.12 per share.
  • Total revenues for the first quarter of 2020 were $4.8 billion, higher than $4.7 billion in the prior year.

Carnival plc (28th May 2020): The Institutional Ownership as of today stood at   6.60% and the Total Value of Holdings (millions) is $ 182.

New Institutional Holders and other activity – As of today, the total number of shares held is 12,044,817 by 144 institutional holders.

LATEST NEWS:

29-May-2020:- Carnival (NYSE: CUK) Shares Gap Up to $14.02

Carnival plc (NYSE: CUK)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $14.35 but opened at $14.02. Carnival shares last traded at $14.87, with a volume of 293,968 shares trading hands. Several equities analysts have commented on the stock.

21-May-2020:- Benjamin F. Edwards & Company Inc. Takes $42,000 Position in Carnival plc (NYSE: CUK)

Benjamin F. Edwards & Company Inc. acquired a new position in shares of Carnival plc (NYSE: CUK) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,540 shares of the company’s stock, valued at approximately $42,000. A number of other large investors also recently made changes to their positions in the stock.

19-May-2020:- Wetherby Asset Management Inc. Has $127,000 Stock Holdings in Carnival plc (NYSE: CUK)

Wetherby Asset Management Inc. grew its holdings in Carnival plc (NYSE: CUK) by 143.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,625 shares of the company’s stock after purchasing an additional 6,257 shares during the quarter.

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