Celsius Holdings Inc. (CELH): Why its showing bear behavior?

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Celsius Holdings Inc. (NASDAQ:CELH) changes shares on Friday trading session, with a change of -2.82% or -$0.32 shares. The trading starts at $11.41 and closed at $11.36 throughout the day. The trading session low price was $10.71 and day high was $11.98 on Friday, June 26. After the session, the Consumer Defensive sector daily volume shifted to 1.49 million while its average volume is 569.50K. In other hand, the CELH market cap reached to $766.07M. While, its current target price is $11.04 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 8.66% and up 27.04% for month. Its quarterly performance was 169.27% above, while its half year performance is up 137.93%. CELH yearly performance stood at positive 178.79% and rise 128.57% for year-to-date. Current recommendation for Celsius Holdings Inc. is 1.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CELH EPS (TTM) for 12-month is -0.01. EPS for this year is 170.10%, while for the next year its value is 0.15. Its EPS Q/Q reached -96.00%. It has an EPS of 28.50% up for past five years.

Let’s take a look on the analyst recommendations on CELH for the current month and previous month. For the current month, 4 of 4 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $11.50-$15.00. Average target price for CELH was reached at $13.19.

The insider ownership moved to 0.50% and institutional holding shifted to 49.90%.

The company posted an EPS (TTM) of -0.01. According to the most recent quarter report on (Jun 2020), 4 analysts estimated an average EPS of -0.01, while -0.03 EPS posted a year ago period. Comparing with last year, the average estimated EPS was -0.03 which is lower than 0.01 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CELH rise 111.33% for period of 200 days. SMA for 50 days was 49.47% which is showing green signal, while SMA-20 was 14.67%. The moving average value for Celsius Holdings Inc. (CELH) is 5.93 and 8.75 for 200 and 50 days respectively.