Carnival PLC (CUK) Shares Down 5%
Carnival PLC (NYSE:CUK) shares traded down 5% during mid-day trading on Friday . The company traded as low as $46.73 and last traded at $47.03, with a volume of 736,430 shares. The stock had previously closed at $49.50.
Separately, Zacks Investment Research cut shares of Carnival PLC from a “buy” rating to a “hold” rating in a report on Tuesday, June 28th.
The company has a market capitalization of $34.95 billion and a price-to-earnings ratio of 16.16. The stock has a 50-day moving average price of $47.61 and a 200-day moving average price of $49.35.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Investors of record on Friday, August 26th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date is Wednesday, August 24th.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.