Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) Sees Large Outflow of Money

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) : Money flow in the Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) stock was negative (7.41 million) on Wednesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $12.73 million, compared to $20.14 million on downticks. The total uptick to downtick ratio was 0.63, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($5.39 million), indicating selling on the strength. The transaction value during uptick in block trades was $0.45 million. Downtick transaction value in block trades amounted to $5.84 million, indicating persistent selling. The uptick to downtick ratio was 0.08. Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) traded $0.76 higher at $39.2 gaining 1.98% over the previous days close.


In an insider trading activity, The officer (SVP Gen. Counsel & Asst. Secy), of Norwegian Cruise Line Holdings Ltd., Farkas Daniel S had unloaded 39,070 shares at $47.58 per share in a transaction on March 10, 2016. The total value of transaction was $1,858,951. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 1% of Norwegian Cruise Line Holdings Ltd. shares according to the proxy statements. Institutional Investors own 87.14% of Norwegian Cruise Line Holdings Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -20.24%.

The company shares have dropped -31.59% from its 1 Year high price. On Nov 2, 2015, the shares registered one year high at $64.27 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $45.15 and the 200 Day Moving Average price is recorded at $49.05. Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $38.76 and $38.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $39.61. The buying momentum continued till the end and the stock did not give up its gains. It closed at $39.28, notching a gain of 2.19% for the day. The total traded volume was 3,368,583 . The stock had closed at $38.44 on the previous day.

Norwegian Cruise Line Holdings Ltd. is a diversified cruise operator. The Company operates cruise lines under the Norwegian, Oceania and Regent brands. Norwegian offers cruises ranging in length from one day to three weeks. Each of Norwegians 13 ships has been built to consistently deliver the Freestyle Cruising product offering. Freestyle Cruising offers flexibility and choice to its guests who prefer to dine when they want, with whomever they want and without having to dress formally. Oceania operates a fleet of five mid-size ships in the upper-premium cruise segment offering personalized service and elegant accommodations. Regent offers a luxury all-inclusive cruise vacation experience, including free air transportation, a pre-cruise hotel night stay, wines and liquors, gratuities and unlimited shore excursions.

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