NEW YORK (

TheStreet

) --

Royal Caribbean Cruises

(NYSE:

RCL

) is trading at unusually high volume Thursday with 11.9 million shares changing hands. It is currently at four times its average daily volume and trading up 69 cents (+2.4%) at $28.93 as of 3:05 p.m. ET.

Royal Caribbean Cruises has a market cap of $6.23 billion and is part of the

services

sector and

leisure

industry. Shares are up 14% year to date as of the close of trading on Wednesday.

Royal Caribbean Cruises Ltd. operates in the cruise vacation industry worldwide. It owns five cruise brands: Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, and CDF Croisieres de France. The company has a P/E ratio of 9.4, below the average leisure industry P/E ratio of 10 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Royal Caribbean Cruises as a

hold

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and a generally disappointing performance in the stock itself. You can view the full

Royal Caribbean Cruises Ratings Report

.

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