Celsius Holdings Inc (NASDAQ: CELH) Up 29.95% This Year: What To Expect Next

The trading price of Celsius Holdings Inc (NASDAQ:CELH) floating higher at last check on Tuesday, April 23, closing at $70.85, 1.52% higher than its previous close.

The company’s P/E ratio in the trailing 12-month period was 90.34. In examining the 52-week price action we see that the stock hit a 52-week high of $99.62 and a 52-week low of $29.91. Over the past month, the stock has lost -23.37% in value.

Celsius Holdings Inc, whose market valuation is $16.49 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Celsius Holdings Inc No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest CELH has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

A quick review shows that CELH’s price is currently -10.87% off the SMA20 and -9.65% off the SMA50. The RSI metric on the 14-day chart is currently showing 36.93, and weekly volatility stands at 4.76%. When measured over the past 30 days, the indicator reaches 4.88%. Celsius Holdings Inc (NASDAQ:CELH)’s beta value is currently sitting at 1.93, while the Average True Range indicator is currently displaying 3.93.

To see how Celsius Holdings Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: CELH stock’s performance was 1.52% at last check in today’s session, and 134.65% in the past year. Celsius Holdings Inc has a P/E ratio of 90.34.

An evaluation of the daily trading volume of Celsius Holdings Inc (NASDAQ:CELH) indicates that the 3-month average is 4.60 million.

Currently, records show that 231.79 million of the company’s shares remain outstanding. The insiders hold 31.43% of outstanding shares, whereas institutions hold 62.91%. However, since the stock’s price has seen 29.95% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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