The trading price of Chicken Soup for the Soul Entertainment Inc (NASDAQ:CSSE) floating higher at last check on Wednesday, April 24, closing at $0.39, 155.09% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $1.99 and a 52-week low of $0.13. Over the past month, the stock has gained 128.53% in value.
Chicken Soup for the Soul Entertainment Inc, whose market valuation is $12.52 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of -6.21 for current year and -4.72 for next year.
Analysts have forecast the company to bring in revenue of 39.17M for the current quarter, with the likely lows of 136M and highs of 136M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 294.41M.
On the technical side, indicators suggest CSSE has a 50% Sell 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% Sell, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that CSSE’s price is currently 154.94% off the SMA20 and 129.30% off the SMA50. The RSI metric on the 14-day chart is currently showing 88.20, and weekly volatility stands at 11.83%. When measured over the past 30 days, the indicator reaches 12.05%. Chicken Soup for the Soul Entertainment Inc (NASDAQ:CSSE)’s beta value is currently sitting at 1.22, while the Average True Range indicator is currently displaying 0.04.
To see how Chicken Soup for the Soul Entertainment Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: CSSE stock’s performance was 155.09% at last check in today’s session, and -79.55% in the past year.
An evaluation of the daily trading volume of Chicken Soup for the Soul Entertainment Inc (NASDAQ:CSSE) indicates that the 3-month average is 310.21K.
Currently, records show that 24.73 million of the company’s shares remain outstanding. The insiders hold 42.83% of outstanding shares, whereas institutions hold 4.31%. However, since the stock’s price has seen 77.07% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
