Norwegian Cruise Line Holdings Ltd. (NCLH) has been under a strong bear grip, hence the stock is down -0.01% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.74% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.17% in the last 1 week, and is up 2.47% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.95 and $41.69 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.14. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.10, notching a gain of 3.46% for the day. The total traded volume was 1,837,222 . The stock had closed at $41.66 on the previous day.
The stock has recorded a 20-day Moving Average of 2.86% and the 50-Day Moving Average is 0.58%. Norwegian Cruise Line Holdings Ltd. has dropped 11.84% during the last 3-month period . Year-to-Date the stock performance stands at -26.45%.
Norwegian Cruise Line Holdings Ltd. (NCLH) : The consensus price target for Norwegian Cruise Line Holdings Ltd. (NCLH) is $60.75 for the short term with a standard deviation of $12.12. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $72, however, the pessimist price target for the company is $35.
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.