TheStreet cut shares of Celsius (NASDAQ:CELH) from a c rating to a d+ rating in a report published on Friday morning.
Several other equities analysts have also recently commented on the stock. Zacks Investment Research cut shares of Celsius from a buy rating to a hold rating in a research note on Monday, November 13th. B. Riley reissued a buy rating and issued a $7.00 price target on shares of Celsius in a research note on Monday, August 21st.
Shares of Celsius (NASDAQ:CELH) traded down $0.24 during trading hours on Friday, reaching $4.69. 52,600 shares of the company traded hands, compared to its average volume of 65,173. Celsius has a 12 month low of $2.23 and a 12 month high of $7.00. The company has a debt-to-equity ratio of 0.16, a current ratio of 3.79 and a quick ratio of 3.31.
Celsius (NASDAQ:CELH) last issued its quarterly earnings data on Wednesday, November 8th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $10.79 million for the quarter. Celsius had a negative net margin of 10.37% and a negative return on equity of 18.23%. equities research analysts anticipate that Celsius will post -0.11 earnings per share for the current year.
An institutional investor recently bought a new position in Celsius stock. Arcus Capital Partners LLC acquired a new position in Celsius Holdings Inc. (NASDAQ:CELH) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 559,201 shares of the company’s stock, valued at approximately $2,377,000. Celsius makes up 1.5% of Arcus Capital Partners LLC’s investment portfolio, making the stock its 9th biggest position. Arcus Capital Partners LLC owned about 1.23% of Celsius at the end of the most recent quarter. 6.25% of the stock is owned by hedge funds and other institutional investors.
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Celsius Company Profile
Celsius Holdings, Inc is engaged in the development, marketing, sale and distribution of functional calorie-burning fitness beverages under the Celsius brand name. The Company’s product range includes Sparkling Grape Rush, Sparkling Watermelon, Sparkling Orange, Sparkling Wild Berry, Sparkling Cola, Raspberry Acai Green Tea, Peach Mango Green Tea, Flo Fusion Orange and Flo Fusion Berry.
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