Stocks of Royal Caribbean Cruises Ltd. (NYSE:RCL) rallied by 0.96% during the past week but lost 5.4% on a 4-week basis. The company has outperformed the S&P 500 by 2.17% in the past week but underperformed the index by 6.26% in the last 4 weeks.
Royal Caribbean Cruises Ltd. (NYSE:RCL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $73.75 and $73.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $74.65. The buying momentum continued till the end and the stock did not give up its gains. It closed at $74.64, notching a gain of 1.39% for the day. The total traded volume was 2,114,642 . The stock had closed at $73.62 on the previous day.
The company shares have dropped -8.28% from its 1 Year high price. On Dec 30, 2015, the shares registered one year high at $103.40 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $76.23 and the 200 Day Moving Average price is recorded at $80.68.
On the companys insider trading activities,The director of Royal Caribbean Cruises Ltd, Ofer Eyal sold 112,980 shares at $98 on November 10, 2015. The Insider selling transaction had a total value worth of $11,072,040. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Sterne Agee CRT initiates coverage on Royal Caribbean Cruises Ltd. (NYSE:RCL) In a research note issued to the investors, the brokerage major announces price-target of $83 per share.The shares have been rated Neutral. The rating by the firm was issued on June 7, 2016. Currently the company Insiders own 16.8% of Royal Caribbean Cruises Ltd. shares according to the proxy statements. Institutional Investors own 73.03% of Royal Caribbean Cruises Ltd. shares.
Royal Caribbean Cruises Ltd. (Royal Caribbean) is a cruise company. The Company owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and a 50% joint venture interest in TUI Cruises. Together, these six brands operate a combined 43 ships in the cruise vacation industry with an aggregate capacity of approximately 105,750 berths. The Companys ships operate on a selection of itineraries that call on approximately 480 destinations on all seven continents. Royal Caribbean International offers a variety of itineraries, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, South America and New Zealand. Celebrity Cruises offers a variety of itineraries, including Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, Hawaii, New Zealand, the Panama Canal and South America.