Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares, rose in value, with the stock price down by -0.77% to the previous day’s close as strong demand from buyers drove the stock to $19.39.
Actively observing the price movement in the last trading, the stock closed the session at $19.54. The PE ratio was 82.30 over 12-month period. Referring to stock’s 52-week performance, its high was $22.75, and the low was $12.41. On the whole, NCLH has fluctuated by -5.60% over the past month.
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 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.79, with the price of NCLH currently trading nearly 1.89% and 3.38% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.77, while the 7-day volatility ratio is showing 3.29% which for the 30-day chart, stands at 3.98%. Furthermore, Norwegian Cruise Line Holdings Ltd (NCLH)’s beta value is 2.59, and its average true range (ATR) is 0.75.
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 -0.77% in last session, and over the past year, it grew by 48.58%%.
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 12.00 million. According to company’s latest data on outstanding shares, there are 425.55 million shares outstanding.
Nearly 1.14% of Norwegian Cruise Line Holdings Ltd’s shares belong to company insiders and institutional investors own 70.26% of the company’s shares. The stock has fallen by -3.24% 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.
