In yesterday’s Wall Street session, Celsius Holdings Inc (NASDAQ:CELH) shares traded at $33.69, up 2.29% from the previous session.
CELH stock price is now -22.68% away from the 50-day moving average and -45.98% away from the 200-day moving average. The market capitalization of the company currently stands at $7.85B.
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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, Fieldly John, Officer bought 551,421 shares of the company’s stock on Sep 13 ’24. The stock was bought for $18,862,428 at an average price of $34.21. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 12 ’24, Officer Fieldly John bought 74,847 shares of the business’s stock. A total of $2,455,268 was incurred on buying the stock at an average price of $32.80. 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 $7775107072, which is based on a 33.02 price-to-earnings ratio, a 2.03 price-to-earnings-growth ratio, and a beta of 1.87. The fifty day moving average price for CELH is $43.095 and a two-hundred day moving average price translates $62.26975 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.
