Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares, rose in value, with the stock price down by -1.71% to the previous day’s close as strong demand from buyers drove the stock to $20.94.
Actively observing the price movement in the recent trading, the stock is buoying the session at $21.30. The PE ratio was 11.81 over 12-month period. Referring to stock’s 52-week performance, its high was $29.29, and the low was $14.69. On the whole, NCLH has fluctuated by -24.94% over the past month.
With the market capitalization of Norwegian Cruise Line Holdings Ltd currently standing at about $9.21 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.18B, with a low estimate of 2.12B and a high estimate of 2.18B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.15B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NCLH’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.59, with the price of NCLH currently trading nearly -15.83% and -19.21% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 26.25, while the 7-day volatility ratio is showing 7.18% which for the 30-day chart, stands at 4.80%. Furthermore, Norwegian Cruise Line Holdings Ltd (NCLH)’s beta value is 2.26, and its average true range (ATR) is 1.24.
A comparison of Norwegian Cruise Line Holdings Ltd (NCLH) with its peers suggests the former has fared considerably weaker in the market. NCLH showed an intraday change of -1.71% in today’s session so far, and over the past year, it grew by 7.80%%. On the other hand, the price of Carnival Corp. (CCL) has risen 1.96%% today. The stock, however, is off 42.66% from where it was a year ago. Additionally, there is a gain of 1.96%% for Carnival Corp. (CCL) in recent trading while the stock has seen an overall depriciation of 42.66%% over the past year.
Data on historical trading for Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) indicates that the trading volumes over the past 3 months, they’ve averaged 10.15 million. According to company’s latest data on outstanding shares, there are 439.86 million shares outstanding.
Nearly 1.06% of Norwegian Cruise Line Holdings Ltd’s shares belong to company insiders and institutional investors own 79.68% of the company’s shares. The stock has fallen by -18.63% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NCLH stock heading into the next quarter.
