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Norwegian Cruise Line Holdings Ltd. (NCLH) provides cruise experiences for travelers with various itineraries.
It offers cruises ranging from 1 day to 180 days. The companys distribution channel includes independent travel agents, wholesalers, and tour operators.
The Company’s brands will introduce six ships through 2019. Oceania Cruises operates in the upper-premium cruise segment featuring a cuisine at sea, accommodations, service and destination-driven itineraries. Regent Seven Seas Cruises operates in the luxury cruise segment with all-suite accommodations, highly personalized service and the inclusive luxury experience featuring round-trip air, fine wines and spirits and shore excursions among its numerous included amenities.
It operates 21 ships under the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands with approximately 40,000 lower berths visiting approximately 430 destinations worldwide.
Shares have broken out of a bullish "flag" and higher share prices are expected for this stock. Note that the $55 level that was a resistance is now acting as a support! The firm announced, last night after the close, it will be selling 20 million shares for a shareholder. The news has the stock price down 3.9% in pre-market. Use the weakness as a buying opportunity!
52-Weeks Trading Range: $30.44 - $57.55
Entry Point: $55.10
Stop Loss: $52.30
Target Price: $60.70.
NCLH closed at 56.45 after its 30-days expired
