In the Green: Norwegian Cruise Line Holdings Ltd (NCLH) Closes at 20.21, Up/Down 1.86 from Previous Day

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In the latest session, Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) closed at $20.21 up 1.86% from its previous closing price of $19.84. In other words, the price has increased by $1.86 from its previous closing price. On the day, 12.32 million shares were traded. NCLH stock price reached its highest trading level at $20.54 during the session, while it also had its lowest trading level at $19.904.

Ratios:

For a deeper understanding of Norwegian Cruise Line Holdings Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.24. In the meantime, Its Debt-to-Equity ratio is 20.36 whereas as Long-Term Debt/Eq ratio is at 18.13.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on May 29, 2024, Upgraded its rating to Buy and sets its target price to $21 from $20 previously.

On May 28, 2024, Mizuho Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $21 to $24.

On March 26, 2024, Mizuho started tracking the stock assigning a Neutral rating and target price of $21.Mizuho initiated its Neutral rating on March 26, 2024, with a $21 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 27 ’24 when Farkas Daniel S sold 30,000 shares for $18.09 per share. The transaction valued at 542,760 led to the insider holds 259,777 shares of the business.

Sommer Harry sold 25,000 shares of NCLH for $452,358 on Aug 27 ’24. The Pres. & CEO of NCLH now owns 549,129 shares after completing the transaction at $18.09 per share. On Aug 27 ’24, another insider, Harry J. Sommer, who serves as the Officer of the company, bought 25,000 shares for $18.09 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NCLH now has a Market Capitalization of 8886155264 and an Enterprise Value of 22405527552. As of this moment, Norwegian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.77, and their Forward P/E ratio for the next fiscal year is 10.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 12.82. Its current Enterprise Value per Revenue stands at 2.466 whereas that against EBITDA is 10.406.

Stock Price History:

Over the past 52 weeks, NCLH has reached a high of $21.73, while it has fallen to a 52-week low of $12.70. The 50-Day Moving Average of the stock is 13.63%, while the 200-Day Moving Average is calculated to be 12.29%.

Shares Statistics:

For the past three months, NCLH has traded an average of 12.71M shares per day and 16574190 over the past ten days. A total of 439.69M shares are outstanding, with a floating share count of 435.19M. Insiders hold about 1.02% of the company’s shares, while institutions hold 66.55% stake in the company. Shares short for NCLH as of 1724976000 were 29346566 with a Short Ratio of 2.31, compared to 1722384000 on 28603203. Therefore, it implies a Short% of Shares Outstanding of 29346566 and a Short% of Float of 8.85.

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