Carnival PLC (CUK) Trading Down 5%
Carnival PLC (NYSE:CUK)’s share price fell 5% during trading on Friday . The stock traded as low as $46.73 and last traded at $47.03, with a volume of 736,430 shares trading hands. The stock had previously closed at $49.50.
Separately, Zacks Investment Research downgraded shares of Carnival PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, June 28th.
The firm has a market capitalization of $34.95 billion and a PE ratio of 16.16. The stock’s 50-day moving average is $47.54 and its 200-day moving average is $49.35.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Stockholders of record on Friday, August 26th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, August 24th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.98%.
Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, and Australia & Asia (EAA). Its North America segment includes Carnival Cruise Lines, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (United Kingdom), P&O Cruises (Australia) and Cunard.
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