CCL Stock Summary and Trading Ideas (Carnival | NYSE:CCL)

Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.

Carnival trades on the NYSE stock market under the symbol CCL.

As of April 24, 2024, CCL stock price climbed to $15.01 with 23,227,409 million shares trading.

CCL has a beta of 2.20, meaning it tends to be more sensitive to market movements. CCL has a correlation of 0.28 to the broad based SPY ETF.

CCL has a market cap of $19.66 billion. This is considered a Large Cap stock.

In the last 3 years, CCL stock traded as high as $31.52 and as low as $6.11.

The top ETF exchange traded funds that CCL belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

CCL has outperformed the market in the last year with a return of +60.0%, while the SPY ETF gained +24.2%. However, in the most recent history, CCL shares have underperformed the stock market with its stock returning -7.6% in the last 3 month period and -3.2% for the last 2 week period, while SPY has returned +4.6% and -2.7%, respectively.

CCL support price is $14.42 and resistance is $15.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CCL stock will trade within this expected range on the day.