Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) price closed lower on Friday, April 12, dropping -4.62% below its previous close.
A look at the daily price movement shows that the last close reads $18.63. The company’s 5Y monthly beta was ticking 2.61 while its P/E ratio in the trailing 12-month period read 75.42. Taking into account the 52-week price action we note that the stock hit a 52-week high of $22.75 and 52-week low of $12.41. The stock subtracted -10.57% on its value in the past month.
Norwegian Cruise Line Holdings Ltd, which has a market valuation of $7.56 billion, is expected to release its quarterly earnings report Apr 29, 2024 – May 03, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give NCLH a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.64. The overview shows that NCLH’s price is at present -10.08% off the SMA20 and -4.65% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 37.64, with weekly volatility standing at 3.80%. The indicator jumps to 3.58% when calculated based on the past 30 days. Norwegian Cruise Line Holdings Ltd (NYSE:NCLH)’s beta value is holding at 2.61, while the average true range (ATR) indicator is currently reading 0.80. An analysis of the Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) stock in terms of its daily trading volume indicates that the 3-month average is 12.02 million.
Current records show that the company has 425.55M in outstanding shares. The insiders’ percentage holdings are 1.14% of outstanding shares while the percentage share held by institutions stands at 70.40%. But the -11.33% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
