Celsius Holdings (CELH) Earning Somewhat Positive News Coverage, Analysis Shows
Press coverage about Celsius Holdings (NASDAQ:CELH) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Celsius Holdings earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.5239431201684 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Celsius Holdings (CELH) opened at 4.84 on Friday. The firm’s 50-day moving average price is $4.16 and its 200 day moving average price is $3.97. Celsius Holdings has a one year low of $1.83 and a one year high of $4.99. The company’s market capitalization is $219.45 million.
Celsius Holdings (NASDAQ:CELH) last posted its earnings results on Wednesday, August 9th. The company reported $0.01 EPS for the quarter. The firm had revenue of $10.24 million during the quarter. Celsius Holdings had a negative return on equity of 11.85% and a negative net margin of 6.25%.
Several analysts have weighed in on CELH shares. B. Riley reissued a “buy” rating and set a $7.00 price objective on shares of Celsius Holdings in a report on Monday, August 21st. TheStreet raised Celsius Holdings from a “d” rating to a “c” rating in a report on Monday.
About Celsius Holdings
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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