Shares of Carnival Corporation (NYSE:CCL) Sees Large Outflow of Money

Carnival Corporation (NYSE:CCL) surged 0.31% during the last session. The last traded price was up 0.15 points at $48.65. The data for the fund flow suggests that the net intraday money flow was $(-10.14) million. The fund value in upticks was recorded to be $19.94 million and in downticks, it was found to be $30.08 million. The up/down ratio for the day was measured to be 0.66. For the week, the shares have seen a percentage change of 1.76%.A block trade of $(-8.91) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $8.91 million. The block tradeoff had the up/down ratio of 0.


The stock has recorded a 20-day Moving Average of 1.42% and the 50-Day Moving Average is 0.59%. The company shares have dropped 1.98% in the past 52 Weeks. On December 30, 2015 The shares registered one year high of $55.77 and one year low was seen on February 9, 2016 at $40.52. The 50-day moving average is $48.76 and the 200 day moving average is recorded at $49.4. S&P 500 has rallied 1.93% during the last 52-weeks.

Carnival Corporation (NYSE:CCL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.75 and $48.59 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.65, notching a gain of 0.31% for the day. The total traded volume was 3,073,636 . The stock had closed at $48.50 on the previous day.

Currently the company Insiders own 22% of Carnival Corporation shares according to the proxy statements. Institutional Investors own 79.75% of Carnival Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -17.34%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Carnival Corp, Glasier Richard had sold 10,000 shares worth of $524,300 in a transaction dated April 1, 2016. In this transaction, 10,000 shares were sold at $52.43 per share.

Carnival Corporation is a cruise vacation company. The Company has three cruise segments that consist of North America cruise brands, Europe, Australia & Asia (EAA) cruise brands, and Cruise Support. In addition, it also has a Tour and Other segment. The Company offers its services under nine cruise brands. Its North America segment cruise brands include Carnival Cruise Lines, Holland America Line, Princess Cruises (Princess) and Seabourn. Its EAA segment cruise brands include AIDA Cruises (AIDA), Costa Cruises (Costa), Cunard, P&O Cruises (Australia) and P&O Cruises (United Kingdom). Its Cruise Support segment includes its cruise port and related facilities located in Cozumel, Mexico; Grand Turk, Turks and Caicos Islands, Roatan, Honduras and Puerto Plata, Dominican Republic. In addition to its cruise operations, it owns Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon.

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