Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) price on Wednesday, May 09, rose 3.14% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $16.09.
A look at the stock’s price movement, the close in the last trading session was $15.60. The PE ratio in trailing twelve months stood at 24.65. Turning to its 52-week performance, $22.75 and $12.70 were the 52-week high and 52-week low respectively. Overall, NCLH moved -17.10% over the past month.
Norwegian Cruise Line Holdings Ltd’s market cap currently stands at around $6.90 billion.
Analysts have a consensus estimate of 2.37B for the company’s revenue for the quarter, with a low and high estimate of 2.3B and 2.41B respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 9.34B, representing a 9.20% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NCLH is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
The technical evaluation for the stock shows the PEG ratio is 0.50, with NCLH’s current price about -10.08% and -15.36% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.14, while 7-day volatility ratio is 3.38% and 3.83% in the 30-day chart. Further, Norwegian Cruise Line Holdings Ltd (NCLH) has a beta value of 2.65, and an average true range (ATR) of 0.76.
If we refocus on Norwegian Cruise Line Holdings Ltd (NYSE:NCLH), historical trading data shows that trading volumes averaged 13.16 million over the past 3 months. The company’s latest data on shares outstanding shows there are 425.55 million shares.
The 1.14% of Norwegian Cruise Line Holdings Ltd’s shares are in the hands of company insiders while institutional holders own 69.20% of the company’s shares. Current price change has pushed the stock -19.71% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NCLH stock continues to rise going into the next quarter.
