Shares of RCL traded higher by 4.05% or $1.44/share to $37.03. Royal Caribbean Cruises Ltd. is trading at a price to book ratio of 0.93. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.62 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.11. Thus, the company is not very expensive in terms of its sales. On average, 3116970 shares of RCL exchange hands on a given day and today's volume is recorded at 674865. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Royal Caribbean Cruises Ltd. (Royal Caribbean) is a cruise company.
