Large Inflow of Money Detected in Carnival Corporation

Carnival Corporation (CUK) : The money flow analysis of Carnival Corporation (CUK) indicates a $0.31 million of outflow was on downticks, whereas, the investors on Monday gobbled up stocks worth $0.53 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.72 and so was the total money flow at $0.22 million. The bulls lapped up $0 million worth of block trades on upticks. The money flow was $0 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Carnival Corporation (CUK), pushing it down by -0.08% for the day. The stock slid $0.04 and traded at $47.13 during the day. Nonetheless, the stock is -2.7% over the previous weeks close.


Carnival plc has dropped 1.42% in the last five trading days, however, the shares have posted positive gains of 2.63% in the last 4 weeks. Carnival plc has dropped 8.17% during the last 3-month period . Year-to-Date the stock performance stands at -15.8%.

Carnival Corporation (NYSE:CUK): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.95 and $46.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.47. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.30, notching a gain of 0.28% for the day. The total traded volume was 371,060 . The stock had closed at $47.17 on the previous day.

In a related news,The officer (CEO – Costa Crociere) of Carnival Plc, Thamm Michael Olaf sold 9,590 shares at $49.58 on May 31, 2016. The Insider selling transaction had a total value worth of $475,472. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Carnival plc 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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