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Norwegian Cruise Line (NCLH) Looks Good: Stock Adds 9.7% in Session

Zacks Equity Research
·2-min read

Norwegian Cruise Line Holdings Ltd. NCLH was a big mover last session, as the company saw its shares rises more than 9% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $10.31 to $16.40 in the past one-month time frame.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Norwegian Cruise Line currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Norwegian Cruise Line Holdings Ltd. Price

Norwegian Cruise Line Holdings Ltd. Price
Norwegian Cruise Line Holdings Ltd. Price

Norwegian Cruise Line Holdings Ltd. price | Norwegian Cruise Line Holdings Ltd. Quote

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Zacks Investment Research