2 times Within The Past Five Days, Celsius Holdings Inc. (CELH) Hit A New High

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Celsius Holdings Inc. (NASDAQ:CELH) traded with a subtraction of -$5.41 to $92.82 on Thursday, a downside of -5.51 percent. An average of 1,075,720 shares of common stock have been traded in the last five days. There was a fall of -$8.76 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 1,343,705 shares traded, while the 50-day average volume stands at 1,817,756.

CELH stock has decreased by -5.17% in the last month. The company shares reached their 1-month lowest point of $91.75 on 09/22/22. With the stock rallying to its 52-week high on 08/25/22, shares of the company touched a low of $38.31 and a high of $118.19 in 52 weeks. It has reached a new high 14 times so far this year and achieved 31.73% or $18.27 in price. In spite of this, the price is down -21.47% from the 52-week high.


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Insider Transactions

29 days have passed since Celsius Holdings Inc. (CELH) last reported insider trading activity. Fieldly John, who is CEO, most recently acquired $70,000 shares at $115.55 per share on Aug 24. In this transaction, the insider spent $8,088,710. Director, Kravitz Hal, disposed of 5,000 shares at a price of $110.00 on Aug 23. The insider now owns more than $550,000 worth of shares. Prior to that, 10% Owner DESANTIS CARL went on to Sale 96,501 shares at $103.43 each on Aug 02. An amount of $9,981,098 was transacted.

Valuation Metrics

Celsius Holdings Inc. (CELH) has a trailing price-to-earnings (P/E) ratio of 511.61. The stock’s beta is 1.90. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 15.41, the price-to-book (PB) ratio at 30.89.

Financial Health

The quick ratio of Celsius Holdings Inc. for the three months ended March 30 was 1.30, and the current ratio was 2.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending March 30. Its gross profit as reported stood at $128.17 million compared to revenue of $314.27 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Celsius Holdings Inc.’s return on assets was 4.70%.

Earnings Surprise

For the three-month period that ended March 30, Celsius Holdings Inc. had $0.29 million in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $6.68 million in the quarter, while revenues of -$3.35 million were grew 91.17%. The analyst consensus anticipated Celsius Holdings Inc.’s latest quarter earnings to come in at $0.03 per share, but it turned out to be $0.09, a 200.00% surprise. For the quarter, EBITDA amounted to $12.88 million. Shareholders own equity worth $75.64 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Celsius Holdings Inc. (CELH) price momentum. RSI 9-day as of the close on 21 September was 36.50%, suggesting the stock is Neutral, with historical volatility in this time frame at 62.96%.

As of today, CELH’s price is $100.01 -8.62% or -$8.76 from its 5-day moving average. CELH is currently trading -18.23% lower than its 20-day SMA and +78.54% higher than its 100-day SMA. However, the stock’s current price level is +25.04% above the SMA50 and +43.29% above the SMA200.

The stochastic %K and %D were 32.84% and 51.48%, respectively, and the average true range (ATR) was 6.36. With the 14-day stochastic at 6.56% and the average true range at 6.48, the RSI (14) stands at 42.26%. The stock has reached -3.65 on the 9-day MACD Oscillator while the 14-day reading was at -3.15.

Analyst Ratings

Maxim Group upgraded Celsius Holdings Inc. (NASDAQ: CELH) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Hold. The consensus rating for Celsius Holdings Inc. (CELH) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell CELH, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 7 others rate it as a “buy”.

What is CELH’s price target for the next 12 months?

Analysts predict a range of price targets between $75.00 and $130.00, with a median target of $121.50. Taking a look at these predictions, the average price target given by analysts for Celsius Holdings Inc. (CELH) stock is $116.00.

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