Royal Caribbean Cruises Ltd. (RCL) traded on unusually high volume on Jan. 30, as the stock
gained 7.97% to close at $120.98. On the day, Royal Caribbean Cruises Ltd. saw 4.81 million shares trade hands on 39,841 trades.
Considering that the stock averages only a daily volume of 1.8 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the
company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $135.10 and $89.48 over the last 52-weeks, its 50-day SMA is now $105.18, and its 200-day SMA $110.53. Royal Caribbean Cruises Ltd.
has a P/B ratio of 2.23. It also has a P/E ratio of 13.3.

Royal Caribbean is the world’s second-largest cruise company, operating more than 50 ships across seven global and partner brands in the cruise vacation industry by the end of 2018. Company brands include Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises, and CDF Croisieres de France. The company also has a 50% investment in a joint venture that operates TUI Cruises, a 49% stake in Pullmantur, and a 67% majority stake in Silversea Cruises, allowing it to continue competing on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price.

Headquartered in Miami, FL, Royal Caribbean Cruises Ltd. has 66,100 employees and is currently under the leadership of CEO Richard D. Fain.

For a complete fundamental analysis analysis of Royal Caribbean Cruises Ltd., check out’s Stock Valuation Analysis report
for RCL

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To get more information on Royal Caribbean Cruises Ltd. and to follow the company’s latest updates, you can visit the company’s profile page here:
RCL’s Profile
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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