The stock of Celsius Holdings Inc (NASDAQ:CELH) last traded at $56.56, up 1.25% from the previous session.
CELH stock price is now -25.11% away from the 50-day moving average and -13.83% away from the 200-day moving average. The market capitalization of the company currently stands at $13.18B.
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With the price target of $60, Truist recently initiated with Hold rating for Celsius Holdings Inc (NASDAQ: CELH). On June 24, 2024, Exane BNP Paribas recently initiated its ‘Outperform’ rating on the stock quoting a target price of $87, while ‘Maxim Group’ rates the stock as ‘Buy’
In other news, Milmoe William H., 10% Owner sold 40,000 shares of the company’s stock on May 17 ’24. The stock was sold for $3,718,000 at an average price of $92.95. Upon completion of the transaction, the 10% Owner now directly owns 226,245 shares in the company, valued at $12.8 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’24, 10% Owner DeSantis Dean sold 53,880 shares of the business’s stock. A total of $5,000,603 was realized by selling the stock at an average price of $92.81. This leaves the insider owning 165,377 shares of the company worth $9.35 million. A total of 32.94% of the company’s stock is owned by insiders.
During the past 12 months, Celsius Holdings Inc has had a low of $45.03 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. According to the stock market information, the enterprise value for the company is $13130045440, which is based on a 62.02 price-to-earnings ratio, a 1.91 price-to-earnings-growth ratio, and a beta of 1.89. The fifty day moving average price for CELH is $75.1862 and a two-hundred day moving average price translates $65.58173 for the stock.
The latest earnings results from Celsius Holdings Inc (NASDAQ: CELH) was released for 2024-03-31. 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.
