Royal Caribbean Cruises Stock Falls On Unusually High Volume (RCL)

NEW YORK ( TheStreet) -- Royal Caribbean Cruises (NYSE: RCL) is trading at unusually high volume Tuesday with 11.6 million shares changing hands. It is currently at four times its average daily volume and trading down $1.73 (-6%) at $27.02 as of 3:40 p.m. ET.

Royal Caribbean Cruises has a market cap of $6.25 billion and is part of the services sector and leisure industry. Shares are up 16.1% year to date as of the close of trading on Friday.

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 10, below the average leisure industry P/E ratio of 10.1 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 revenue growth, growth in earnings per share 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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