Large Outflow of Money Witnessed in Royal Caribbean Cruises Ltd.

Royal Caribbean Cruises Ltd. (NYSE:RCL) had an volatile session and gained 0.17 points till last call. The price was at $74.1, gaining 0.23% till the last intraday data. The total uptick value was $2.27 million while the total downtick value was $6.2 million. The shares saw a net money flow of $(-3.93) million and the up/down ratio stood at 0.37. The stock has seen a change of of -2.97% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-2.63) million. Almost $0 million were received in upticks and approximately $2.63 million were lost in downticks, thereby giving the up/down ratio of 0.


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. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Ofer Eyal, director of Royal Caribbean Cruises Ltd, had unloaded 112,980 shares at an average price of $98 in a transaction dated on November 10, 2015. The total value of the transaction was worth $11,072,040.

Royal Caribbean Cruises Ltd. (NYSE:RCL) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.05 points or 1.42% at $72.88 with 1,642,047 shares getting traded. Post opening the session at $73.19, the shares hit an intraday low of $72.82 and an intraday high of $74.25 and the price was in this range throughout the day. The company has a market cap of $15,687 million and the number of outstanding shares have been calculated to be 215,241,400 shares. The 52-week high of Royal Caribbean Cruises Ltd. (NYSE:RCL) is $103.4 and the 52-week low is $64.21.

Many analysts have stated their opinion on the company shares. Sterne Agee CRT initiates coverage on Royal Caribbean Cruises Ltd. (NYSE:RCL) . The global brokerage major announces a current price target of $83 per share. Analysts at the Sterne Agee CRT have a current rating of Neutral on the shares. The rating by the firm was issued on June 7, 2016.

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.

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