Celsius Holdings Inc. (NASDAQ:CELH) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday.

According to Zacks, “Celsius Holdings, Inc. specializes in commercializing healthier, nutritional functional foods, beverages and dietary supplements. Celsius Holdings, Inc. markets Celsius®, the calorie burner, through its wholly-owned operating subsidiary, Celsius, Inc. The Company sells its products through grocery, drug, convenience, club and mass, and health and fitness channels. The Company’s products are produced in Mooresville, North Carolina, and Monroe, Wisconsin. Celsius, Inc. is dedicated to providing healthier, everyday refreshment through science and innovation. The Company serves customers in the United States and internationally. Celsius Holdings, Inc. is based in Delray Beach, Florida. “

A number of other analysts have also commented on CELH. B. Riley started coverage on shares of Celsius Holdings in a research note on Tuesday, August 15th. They issued a “buy” rating and a $7.00 price target for the company. TheStreet upgraded shares of Celsius Holdings from a “d” rating to a “c” rating in a research note on Monday, August 28th.

Shares of Celsius Holdings (CELH) traded down $0.13 during trading on Monday, reaching $5.41. 48,100 shares of the company’s stock traded hands, compared to its average volume of 65,456. Celsius Holdings has a twelve month low of $2.05 and a twelve 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 Holdings (NASDAQ:CELH) last announced its quarterly earnings results on Wednesday, November 8th. The company reported ($0.04) EPS for the quarter. Celsius Holdings had a negative return on equity of 18.23% and a negative net margin of 10.37%. The company had revenue of $10.79 million during the quarter. research analysts predict that Celsius Holdings will post -0.11 EPS for the current year.

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An institutional investor recently bought a new position in Celsius Holdings stock. Arcus Capital Partners LLC bought a new stake in shares of Celsius Holdings Inc. (NASDAQ:CELH) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 559,201 shares of the company’s stock, valued at approximately $2,377,000. Celsius Holdings accounts for 1.5% of Arcus Capital Partners LLC’s holdings, making the stock its 9th biggest holding. Arcus Capital Partners LLC owned approximately 1.23% of Celsius Holdings at the end of the most recent quarter. 2.34% of the stock is currently owned by institutional investors.

Celsius Holdings 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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