The stock of Celsius Holdings Inc (NASDAQ:CELH) last traded at $32.50, down -2.67% from the previous session.
CELH stock price is now -27.85% away from the 50-day moving average and -48.15% away from the 200-day moving average. The market capitalization of the company currently stands at $7.57B.
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With the price target reduced from $65 to $45, ROTH MKM maintained Buy rating for Celsius Holdings Inc (NASDAQ: CELH). On August 08, 2024, BofA Securities Downgraded its previous ‘Neutral’ rating to ‘Underperform’ on the stock reducing its target price from $60 to quote $32, while ‘Maxim Group’ rates the stock as ‘Buy’
In other news, DeSantis Dean, 10% Owner sold 53,880 shares of the company’s stock on May 16 ’24. The stock was sold for $5,000,603 at an average price of $92.81. Upon completion of the transaction, the 10% Owner now directly owns 165,377 shares in the company, valued at $5.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 17 ’24, 10% Owner Milmoe William H. sold 40,000 shares of the business’s stock. A total of $3,718,000 was realized by selling the stock at an average price of $92.95. This leaves the insider owning 226,245 shares of the company worth $7.35 million. A total of 28.67% of the company’s stock is owned by insiders.
During the past 12 months, Celsius Holdings Inc has had a low of $31.55 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 4.38, and a quick ratio of 3.80. According to the stock market information, the enterprise value for the company is $7497756672, which is based on a 31.85 price-to-earnings ratio, a 1.95 price-to-earnings-growth ratio, and a beta of 1.88. The fifty day moving average price for CELH is $44.5528 and a two-hundred day moving average price translates $62.57705 for the stock.
The latest earnings results from Celsius Holdings Inc (NASDAQ: CELH) was released for 2024-06-30. The net profit margin was 16.18% and return on equity was 26.57% for CELH. The company reported revenue of $401.98 million for the quarter, compared to $325.88 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.35 percent.
