In a filing, Royal Caribbean Group revealed its President, Celebrity Cruises BETHGE LAURA H unloaded Company’s shares for reported $0.52 million on Aug 29 ’24. In the deal valued at $168.71 per share,3,073 shares were sold. As a result of this transaction, BETHGE LAURA H now holds 27,388 shares worth roughly $5.48 million.
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Then, LAURA BETHGE bought 3,073 shares, generating $518,446 in total proceeds.
Before that, Sorensen Vagn O sold 5,800 shares. Royal Caribbean Group shares valued at $919,300 were divested by the Director at a price of $158.50 per share. As a result of the transaction, Sorensen Vagn O now holds 25,837 shares, worth roughly $5.17 million.
Citigroup reiterated its Royal Caribbean Group [RCL] rating to a Buy in a research note published on October 09, 2024; the price target was $253. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in mid April with a ‘”a Buy”‘ rating. Goldman began covering RCL with “Buy” recommendation on March 13, 2024.
Price Performance Review of RCL
On Friday, Royal Caribbean Group [NYSE:RCL] saw its stock fall -0.63% to $199.94. Over the last five days, the stock has gained 2.17%. Royal Caribbean Group shares have risen nearly 54.41% since the year began. Nevertheless, the stocks have risen 141.39% over the past one year. While a 52-week high of $204.37 was reached on 10/15/24, a 52-week low of $78.35 was recorded on 02/20/24. SMA at 50 days reached $171.65, while 200 days put it at $147.29.
Levels Of Support And Resistance For RCL Stock
The 24-hour chart illustrates a support level at 198.18, which if violated will result in even more drops to 196.43. On the upside, there is a resistance level at 201.65. A further resistance level may holdings at 203.37. The Relative Strength Index (RSI) on the 14-day chart is 73.32, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 11.79, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.98%. Stochastics %K at 90.02% indicates the stock is a selling.
How much short interest is there in Royal Caribbean Group?
A steep rise in short interest was recorded in Royal Caribbean Group stocks on 2024-09-30, dropping by -0.11 million shares to a total of 10.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 11.1 million shares. There was a decline of -0.99%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 23, 2023 when HSBC Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $115 price target.
