Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Collaboration revenues increased $5.4 million due to (i) the recognition of deferred revenue for upfront payments received from our license and collaboration agreement with the biopharmaceutical business of Merck KGaA, which became effective in May 2015.
A wholly-owned subsidiary of Genting Hong Kong has conditionally agreed to sell 10 million shares or 4.36 per cent of Norwegian Cruise Line Holdings (NCLH) for about US$590 million (S$826.65 million). “Norwegian is showing real vision by investing in the economic growth of this region”.
“We thank Norwegian Cruise Line for their commitment to Seattle and the Alaska cruise business”, said Commissioner John Creighton.
In addition NCLH will make tenant improvements to the Bell Street Cruise Terminal estimated at $30 million which will significantly expand the portion of the P66 facilities used for processing cruise passengers. In the past six months, there is a change of -98.66% in the total insider ownership.
At an EGM last month, Genting Malaysia Bhd’s non-interested shareholders representing 75.84% of voting shares approved its indirect unit Resorts World Ltd’s proposed disposal of its 17.81% stake in Genting Hong Kong for a minimum price of US$472.2mil (RM1.9bil).
The stock price of Norwegian Cruise Line Holdings skyrocketed 77.31% over the last 200 days, and is in reinforcing up trend. The Insider selling transaction had a total value worth of $1,187,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The shares opened for trading at $58.74 and hit $59.57 on the upside, eventually ending the session at $59.39, with a gain of 1.61% or 0.94 points.
Sothebys(NYSE:BID) stock traded at a volume of 3.16M shares versus 30-day average of 622,187.00 shares. The 52-week low of the share price is $30.44. The company has a market cap of $13,607 million and the number of outstanding shares have been calculated to be 229,147,000 shares. TheStreet raised shares of Norwegian Cruise Line Holdings from a hold rating to a buy rating in a research note on Tuesday, August 4th. S&P 500 has rallied 8.81% during the last 52-weeks. Year-to-Date the stock performance stands at 27.01%.
Norwegian Cruise Line Holdings Ltd.is a diversified cruise operator of global cruise lines spanning market segments from contemporary to luxury under the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. These brands operate a combined 21 ships with approximately 40,000 lower berths visiting more than 430 destinations worldwide. Norwegian offers cruises ranging in length from one day to three weeks. It offers cruise itineraries in various locations, including destinations in the Caribbean, Bermuda, the Bahamas, Mexico, Alaska, Europe, Hawaii, New England, Central America, North Africa, and Scandinavia.
