Royal Caribbean Group (RCL) Dips 5.2% for February 25

Equities Staff  |

Among the S&P 500’s biggest fallers on Thursday February 25 was Royal Caribbean Group (RCL). The stock experienced a 5.2% decline to $91.63 with 10.32 million shares changing hands.

Royal Caribbean Group started at an opening price of 98.01 and hit a high of $99.24 and a low of $88.51. Ultimately, the stock took a hit and finished the day at $5.03 per share. Royal Caribbean Group trades an average of n/a shares a day out of a total 237.4 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Royal Caribbean Group hit a high of $101.00 and a low of $19.25 over the last year.

Royal Caribbean is the world's second- largest cruise company, operating more than 60 ships across six global and partner brands in the cruise vacation industry. Brands the company operates include Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises, allowing it to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price.

With its headquarters located in Miami, FL, Royal Caribbean Group employs 85,400 people. After today’s trading, the company’s market cap has fallen to $21.75 billion, a P/S of n/a, a P/B of 2.48, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Royal Caribbean Group and to follow the company’s latest updates, you can visit the company’s profile page here: RCL’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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