Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) shares traded higher over the last trading session, gaining 1.05% on 05/17/21. The shares fell to a low of $26.77 before closing at $28.88. Intraday shares traded counted 19.47 million, which was 17.05% higher than its 30-day average trading volume of 23.47M. NCLH’s previous close was $28.58 while the outstanding shares total 329.38M. The firm has a beta of 2.89. The stock’s Relative Strength Index (RSI) is 50.72, with weekly volatility at 5.56% and ATR at 1.48. The NCLH stock’s 52-week price range has touched low of $10.32 and a $34.49 high.
Investors have identified the Travel Services company Norwegian Cruise Line Holdings Ltd. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $9.88 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Norwegian Cruise Line Holdings Ltd. (NCLH) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For NCLH, the company has in raw cash 3.51 billion on their books with 37.03 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 3.78 billion total, with 1.81 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 0.40 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on NCLH sounds very interesting.
Is the stock of NCLH attractive?
In related news, Vice Chair, Pres. & CEO OCI, Binder Robert sold 91,484 shares of the company’s stock in a transaction that recorded on Dec 15. The sale was performed at an average price of 24.76, for a total value of 2,265,512. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.70%.
6 out of 17 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Norwegian Cruise Line Holdings Ltd.. 1 analysts has assigned a Sell rating on the NCLH stock. The 12-month mean consensus price target for the company’s shares has been set at $31.18.