Celsius Holdings Inc (NASDAQ:CELH) shares traded 0.90% higher at $82.81 on Wall Street last session.
CELH stock price is now 1.73% away from the 50-day moving average and 32.35% away from the 200-day moving average. The market capitalization of the company currently stands at $19.30B.
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With the price target enhanced from $100 to $110, Maxim Group maintained Buy rating for Celsius Holdings Inc (NASDAQ: CELH). On March 04, 2024, Wedbush reiterated its ‘Outperform’ rating on the stock by increasing its target price from $75 to quote $90, while ‘Maxim Group’ rates the stock as ‘Buy’
In other news, Milmoe William H., 10% Owner sold 428,574 shares of the company’s stock on May 07 ’24. The stock was sold for $25,571,596 at an average price of $59.67. Upon completion of the transaction, the 10% Owner now directly owns 23,321,589 shares in the company, valued at $1.93 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On May 07 ’24, Chief Supply Chain Officer Storey Paul H. sold 1,833 shares of the business’s stock. A total of $138,263 was realized by selling the stock at an average price of $75.43. This leaves the insider owning 41,044 shares of the company worth $3.4 million. A total of 33.09% of the company’s stock is owned by insiders.
During the past 12 months, Celsius Holdings Inc has had a low of $39.50 and a high of $99.62. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.13, and a quick ratio of 3.50.
The net profit margin was 15.23% and return on equity was 25.47% for CELH. The company reported revenue of $355.71 million for the quarter, compared to $259.94 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 36.84 percent.
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