The stock of Chanson International Holding (NASDAQ:CHSN) decreased by -$0.23 on Tuesday to at $2.32, down -9.02 percent. The last five days have seen an average of 933,721 shares of common stock traded. The average number of shares traded over the last 20 days was 311,925, while the average volume over the last 50 days totaled 164,014.
CHSN stock appreciated 31.82% since last month. On 08/10/23, the company’s shares reached a one-month low of $1.45. The stock touched a high of $4.00, after rallying from a low of $1.04 in 52 weeks. The price of CHSN stock has declined by -5.31%. Still, the stock price is down -42.00% from the 52-week high.
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Financial Health
For the recent quarter, Chanson International Holding’s quick ratio was 0.40, while its current ratio was 0.50, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 46.00% percent. Chanson International Holding’s EBITDA margin for the recent year was 13.54%, whereas its operating margin stood at -10.60% for the same period. Based on annual data, it had gross profit of $6.1 million and revenue of $13.27 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CHSN’s return on assets (ROA) during the last 12 months has been -5.00%. There was a -90.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -54.30%.
Earnings Surprise
Net income for the quarter came in at $13.27 million, while revenues rose by 100.0% to $0.0. At the end of Chanson International Holding’s most recent quarter, its liabilities totaled 26.15 million, while its total debt was $14.83 million.
Technical Picture
Here’s a quick look at Chanson International Holding’s (CHSN) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 72.27%, suggesting the stock is Overbought, with a 164.99% historical volatility rate.
The stochastic %K and %D were 87.74% and 84.56% respectively, while the average true range (ATR) was 0.40. Based on the 14-day stochastic reading of 92.90%, the RSI (14) reading is 69.59%. On the 9-day MACD Oscillator, the stock is at 0.58, and the 14-day reading is at 0.77.
Analyst Ratings
Analysts have assigned Chanson International Holding (CHSN) an – rating. CHSN is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
