Celsius Holdings Inc (NASDAQ:CELH) shares traded -4.72% lower at $25.66 on Wall Street last session.
CELH stock price is now -18.32% away from the 50-day moving average and -55.19% away from the 200-day moving average. The market capitalization of the company currently stands at $5.75B.
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With the price target enhanced from $30 to $35, Truist maintained Hold rating for Celsius Holdings Inc (NASDAQ: CELH). On October 10, 2024, Jefferies reiterated its ‘Buy’ rating on the stock by increasing its target price from $53 to quote $48, while ‘ROTH MKM’ rates the stock as ‘Buy’
In other news, Fieldly John, Chief Executive Officer sold 551,421 shares of the company’s stock on Sep 13 ’24. The stock was sold for $18,946,826 at an average price of $34.36. Upon completion of the transaction, the Chief Executive Officer now directly owns 1,261,069 shares in the company, valued at $32.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 12 ’24, Chief Executive Officer Fieldly John sold 74,847 shares of the business’s stock. A total of $2,454,982 was realized by selling the stock at an average price of $32.80. This leaves the insider owning 1,812,490 shares of the company worth $46.51 million. A total of 29.04% of the company’s stock is owned by insiders.
During the past 12 months, Celsius Holdings Inc has had a low of $25.77 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 4.66, and a quick ratio of 3.98. According to the stock market information, the enterprise value for the company is $5957486080, which is based on a 35.60 price-to-earnings ratio, a 2.83 price-to-earnings-growth ratio, and a beta of 1.76. The fifty day moving average price for CELH is $31.4136 and a two-hundred day moving average price translates $57.26885 for the stock.
The latest earnings results from Celsius Holdings Inc (NASDAQ: CELH) was released for 2024-09-30. The net profit margin was 12.40% and return on equity was 18.73% for CELH. The company reported revenue of $265.75 million for the quarter, compared to $384.76 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -30.93 percent.
