Carnival Rises On Unusually High Volume (CCL)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Carnival Corporation (NYSE: CCL) is trading at unusually high volume Tuesday with 10 million shares changing hands. It is currently at two times its average daily volume and trading up $1.60 (+4.8%) at $34.82 as of 3:56 p.m. ET.

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Carnival has a market cap of $19.79 billion and is part of the services sector and leisure industry. Shares are down 9.7% year to date as of the close of trading on Monday.

Carnival Corporation operates as a cruise and vacation company worldwide. The company operates in two segments, North America; and Europe, Australia, and Asia. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Carnival as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Carnival Ratings Report.

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