The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Norwegian Cruise Line Holdings Ltd shares valued at $1,046,699 were sold by Ashby Faye L. on Nov 08 ’24. At $27.30 per share, Ashby Faye L. sold 38,344 shares. The insider’s holdings dropped to 116,270 shares worth approximately $2.99 million following the completion of this transaction.
Also, Kempa Mark sold 15,000 shares, netting a total of over 417,918 in proceeds. Following the sale of shares at $27.86 each, the insider now holds 253,386 shares.
Before that, DeMarco Andrea had sold 29,000 shares from its account. In a trade valued at $805,057, the Pres. RSSC traded Norwegian Cruise Line Holdings Ltd shares for $27.76 each. Upon closing the transaction, the insider’s holdings decreased to 29,000 shares, worth approximately $2.5 million.
As published in a research note from Barclays on December 13, 2024, Norwegian Cruise Line Holdings Ltd [NCLH] has been rated up from an Equal weight to an Overweight and the price target has been revised to $32 from $28. Analysts at Goldman upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early December. As of November 04, 2024, Argus has increased its “Hold” rating to a “Buy” for NCLH. Earlier on October 09, 2024, Citigroup upgraded its rating. Their new recommendation was “a Buy” for NCLH stock which previously was a “a Neutral”.
Analyzing NCLH Stock Performance
During the last five days, there has been a drop of approximately -1.53%. Over the course of the year, Norwegian Cruise Line Holdings Ltd shares have jumped approximately 28.39%. Shares of the company reached a 52-week high of $28.64 on 12/02/24 and a 52-week low of $14.69 on 08/05/24. A 50-day SMA is recorded $26.15, while a 200-day SMA reached $20.35. Nevertheless, trading volume fell to 4.71 million shares from 6.5 million shares the previous day.
Support And Resistance Levels for Norwegian Cruise Line Holdings Ltd (NCLH)
According to the 24-hour chart, there is a support level at 25.48, which, if violated, would cause prices to drop to 25.23. In the upper region, resistance lies at 26.06. The next price resistance is at 26.40. RSI (Relative Strength Index) is 45.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.52, which suggests the price will decrease in the coming days. Percent R is at 69.34%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
