Norwegian Cruise Line Holdings shares fall 3.5%
The stock closed at $14.85, near the low end of its 52-week trading range.
Norwegian Cruise Line Holdings Ltd. shares declined 3.5% to close at $14.85. The stock’s 52-week range extended from $14.53 to $27.18, placing the closing price close to the lower end of that span.
A valuation report estimated the shares’ GF Value at $21.56 and said the closing price was 31.1% below that level. The report also assigned Norwegian Cruise Line Holdings a GF Score of 73 out of 100, which it characterized as an above-average rating.
The report described Norwegian Cruise Line Holdings as unprofitable and cash-flow negative. It said earnings-based valuation methods, including price-to-earnings ratios, were not applicable when used alone under those circumstances.
The same report said insiders were net buyers of the company’s shares over the past 12 months. It also reported that 10 investment gurus held positions in the cruise operator, with six increasing their stakes and four reducing their holdings in recent quarters.