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Potential Price Increase for Norwegian Cruise Line Holdings Ltd (NCLH) After Recent Insider Activity

Norwegian Cruise Line Holdings Ltd’s filing revealed that its SVP & Chief Accounting Officer Ashby Faye L. unloaded Company’s shares for reported $1.05 million on Nov 08 ’24. In the deal valued at $27.30 per share,38,344 shares were sold. As a result of this transaction, Ashby Faye L. now holds 116,270 shares worth roughly $2.33 million.

Then, Kempa Mark sold 15,000 shares, generating $417,918 in total proceeds. Upon selling the shares at $27.86, the EVP & CFO now owns 253,386 shares.

Before that, DeMarco Andrea sold 29,000 shares. Norwegian Cruise Line Holdings Ltd shares valued at $805,057 were divested by the Pres. RSSC at a price of $27.76 per share. As a result of the transaction, DeMarco Andrea now holds 97,304 shares, worth roughly $1.95 million.

JP Morgan upgraded its Norwegian Cruise Line Holdings Ltd [NCLH] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who began to cover the stock in early February with a ‘”a Hold”‘ rating. Barclays also remained covering NCLH and has increased its forecast on December 13, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Goldman revised its rating on December 10, 2024. It rated NCLH as “a Buy” which previously was an “a Neutral”.

Price Performance Review of NCLH

On Monday, Norwegian Cruise Line Holdings Ltd [NYSE:NCLH] saw its stock jump 4.43% to $20.04. Over the last five days, the stock has gained 6.94%. Norwegian Cruise Line Holdings Ltd shares have fallen nearly -22.11% since the year began. Nevertheless, the stocks have risen 0.86% over the past one year. While a 52-week high of $29.29 was reached on 01/31/25, a 52-week low of $14.69 was recorded on 03/11/25. SMA at 50 days reached $24.92, while 200 days put it at $22.06.

Levels Of Support And Resistance For NCLH Stock

The 24-hour chart illustrates a support level at 19.61, which if violated will result in even more drops to 19.19. On the upside, there is a resistance level at 20.39. A further resistance level may holdings at 20.74. The Relative Strength Index (RSI) on the 14-day chart is 35.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.85%. Stochastics %K at 18.67% indicates the stock is a buying.

How much short interest is there in Norwegian Cruise Line Holdings Ltd?

A steep rise in short interest was recorded in Norwegian Cruise Line Holdings Ltd stocks on 2025-02-28, growing by 3.02 million shares to a total of 24.76 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 21.74 million shares. There was a rise of 12.2%, which implies that there is a positive sentiment for the stock.

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