Deluxe Cruises – Norwegian Cruise Line Holdings Ltd. [NCLH] moved down -4.61: Why It’s Important

Norwegian Cruise Line Holdings Ltd. [NYSE: NCLH] plunged by -$0.97 during the normal trading session on Friday and reaching a high of $20.89 during the day while it closed the day at $20.06. The company report on January 14, 2022 that Norwegian Cruise Line Holdings Reaffirms its Commitment to Health and Safety, Announces the Opt-In of its Three Brands to CDC’s COVID-19 Program for Cruise Ships Operating in U.S. Waters.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., “Norwegian Cruise Line Holdings”, “Norwegian” or the “Company”) today announced that the Company’s three brands – Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises – have opted into the U.S. Centers for Disease Control and Prevention’s (“CDC”) COVID-19 Program for Cruise Ships Operating in U.S. Waters (the “Program”), the agency’s voluntary COVID-19 risk mitigation program for foreign-flagged cruise ships operating in U.S. waters. The Program comes into effect after the expiration of the Temporary Extension and Modification of Framework for Conditional Sailing Order on January 15, 2022.

“The health and safety of our guests, crew and communities we visit is our number one priority. We have demonstrated this commitment since our return to service in July of last year, with protocols that exceeded those required by regulatory agencies, including 100% vaccination of guests and crew, universal testing of all guests prior to embarkation and routine testing of all crew,” said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. “Furthering our commitment to health and safety, with the expiration of the CDC’s Conditional Sail Order, our three brands have opted into the CDC’s voluntary Program, which provides the cruise industry with a set of operating provisions to protect the health and safety of guests and crew. Our adoption of the voluntary Program provides guests, crew, travel partners and other stakeholders with the assurance that our brands will continue to meet and exceed the provisions laid out by the CDC and provide unparalleled health and safety protocols not found in any other sector of the travel and leisure space.”.

Norwegian Cruise Line Holdings Ltd. stock has also loss -13.20% of its value over the past 7 days. However, NCLH stock has declined by -21.33% in the 3 months of the year. Over the past six months meanwhile, it has lost -19.34% and lost -3.28% year-on date.

The market cap for NCLH stock reached $8.77 billion, with 370.02 million shares outstanding and 368.39 million shares in the current float. Compared to the average trading volume of 21.45M shares, NCLH reached a trading volume of 22624439 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Norwegian Cruise Line Holdings Ltd. [NCLH]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NCLH shares is $30.77 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NCLH stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.