Technicals Say Celsius Holdings Inc. (CELH) Is Worth Holding

At the last check on Friday, Celsius Holdings Inc.’s (NASDAQ:CELH) stock was down -$11.27, moving down -10.39 percent to $97.14. The average number of shares traded per day over the past five days has been 2,221,259 shares. 2 times new highs have been achieved over the past 5 days, with a $9.93 gain in that time frame. In the last twenty days, the average volume was 1,286,215, while in the previous 50 days, it was 1,128,840.

Since last month, CELH stock rose 40.94%. Shares of the company fell to $69.54 on 07/12/22, the lowest level in the past month. A 52-week high of $110.22 was reached on 08/02/22 after having rallying from a 52-week low of $38.31. Since the beginning of this year, CELH’s stock price has risen by 45.38% or $24.32, and marked a new high 11 times. However, the stock has declined by -11.86% since its 52-week high.


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Celsius Holdings Inc. (CELH) last reported insider trading activity 3 days ago on Aug 02. DESANTIS CARL, the 10% Owner of the company, disposed of 96,501 shares for $103.43 on Aug 02. It resulted in a $9,981,098 divestment by the insider. Milmoe William H. sold 196,501 shares at an average price of $103.43 on Aug 02. The insider now owns 6,824,030 shares following the transaction. On Aug 01, Director Kravitz Hal sold 5,000 shares at $100.00 apiece. The transaction was valued at $500,000.

Valuation Metrics

Right now, Celsius Holdings Inc. (CELH) has a P/E ratio of about 860.40. The stock’s beta is 1.95. Besides these, the trailing price-to-sales (P/S) ratio of 19.40, the price-to-book (PB) ratio of 35.66.

Financial Health

In the three months ended March 30, Celsius Holdings Inc.’s quick ratio stood at 1.00, while its current ratio was 2.70, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 40.60% percent. In the year ended March 30, operating margins totaled 1.30%. Based on annual data, CELH earned $128.17 million in gross profit and brought in $314.27 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.80%. Return on equity (ROE) for the past 12 months was 4.80%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CELH’s revenue rose 62.49% to $104.25 million during the quarter, while net income inched up to $133.39 million. While analysts expected Celsius Holdings Inc. to report $0.03 quarterly earnings, the actual figure was $0.09 per share. During the quarter, the company generated $10.5 million in EBITDA. The liabilities of Celsius Holdings Inc. were 115.57 million at the end of its most recent quarter ended March 30, and its total debt was $1.45 million. The value of shareholders’ equity is $75.36 million.

Technical Picture

This quick technical analysis looks at Celsius Holdings Inc.’s (CELH) price momentum. With a historical volatility rate of 77.30%, the RSI 9-day stood at 63.17% on 04 August.

With respect to its five-day moving average, the current Celsius Holdings Inc. price is up by +11.16% percent or $9.93. At present, CELH shares trade +26.05% above its 20-day simple moving average and +133.29% percent above its 100-day simple moving average. However, the stock is currently trading approximately +68.35% above its SMA50 and +4.59% above its SMA200.

Stochastic coefficient K was 84.98% and Stochastic coefficient D was 86.24%, while ATR was 6.93. Given the Stochastic reading of 70.35% for the 14-day period, the RSI (14) reading has been calculated as 64.73%. As of today, the MACD Oscillator reading stands at 8.99, while the 14-day reading stands at 14.18.

Analyst Ratings

Maxim Group upgraded its rating on Celsius Holdings Inc. (NASDAQ: CELH) to a Buy in a note to investors on May 11, 2022. The analysts firm previously had a Hold rating on the stock.Celsius Holdings Inc. (CELH) has been rated Buy by analysts. According to 0 brokerage firms, CELH is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Celsius Holdings Inc. stock as buy, with 7 recommending it as overweight.

With a median target price of $113.50, the current consensus forecast for the stock is $74.00 – $130.00. Based on these forecasts, analysts predict Celsius Holdings Inc. (CELH) will achieve an average price target of $105.13.

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