Royal Caribbean Cruises Ltd. (RCL) Shares are Down -1.94%

Royal Caribbean Cruises Ltd. (RCL) : During the past 4 weeks, traders have been relatively bearish on Royal Caribbean Cruises Ltd. (RCL), hence the stock is down -5.23% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.9% relative to the S&P 500. The 4-week change in the price of the stock is -4.86% and the stock has fallen -1.94% in the past 1 week.

Royal Caribbean Cruises Ltd. has dropped 11.57% during the last 3-month period . Year-to-Date the stock performance stands at -30.71%. The stock has recorded a 20-day Moving Average of 3.11% and the 50-Day Moving Average is 2.86%.

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Royal Caribbean Cruises Ltd. (NYSE:RCL): The stock opened at $69.71 on Friday but the bulls could not build on the opening and the stock topped out at $70.07 for the day. The stock traded down to $68.11 during the day, due to lack of any buying support eventually closed down at $69.43 with a loss of -0.98% for the day. The stock had closed at $70.12 on the previous day. The total traded volume was 2,992,182 shares.

Also, Equity Analysts at the Stifel Nicolaus maintains the rating on Royal Caribbean Cruises Ltd. (NYSE:RCL). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency lowers the price target from $94 per share to $93 per share. The rating by the firm was issued on August 3, 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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