Score: Negative (5)
10 days at current score.
Downgraded from Neutral on June 21st 2018
- This company ranked negatively compared to the Consumer Services sector despite 2 positive IHS Markit Categories
- Perception of the company's creditworthiness is negative
- ETFs holding this stock have seen outflows over the last one-month
- Bearish sentiment is low
- Economic output in this company's sector is expanding
Short interest | Positive
Short interest is low for CCL with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
ETF/Index ownership | Negative
ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CCL totaled $568 million. Additionally, the rate of outflows appears to be accelerating.
PMI by IHS Markit | Positive
According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year.
Credit default swap | Negative
The current level displays a negative indicator. CCL credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.
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