Celsius (NASDAQ:CELH) announced its earnings results on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.05, Fidelity Earnings reports. Celsius had a net margin of 8.41% and a negative return on equity of 39.40%. The company had revenue of $20.42 million during the quarter, compared to analyst estimates of $18.29 million.
NASDAQ:CELH traded down $0.03 during midday trading on Friday, hitting $3.95. The company had a trading volume of 267,300 shares, compared to its average volume of 120,171. Celsius has a 52-week low of $3.06 and a 52-week high of $5.37. The company has a market capitalization of $205.24 million, a PE ratio of -17.17 and a beta of 0.90. The stock’s fifty day moving average price is $3.39 and its 200-day moving average price is $3.98. The company has a quick ratio of 2.35, a current ratio of 3.48 and a debt-to-equity ratio of 0.38.
Several research analysts recently issued reports on CELH shares. Maxim Group set a $8.00 target price on shares of Celsius and gave the stock a “buy” rating in a research report on Wednesday, September 18th. ValuEngine lowered shares of Celsius from a “buy” rating to a “hold” rating in a research report on Friday, November 1st. B. Riley set a $10.00 target price on shares of Celsius and gave the stock a “buy” rating in a research report on Friday, September 13th. Finally, Zacks Investment Research upgraded shares of Celsius from a “sell” rating to a “hold” rating in a research report on Friday. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Celsius has a consensus rating of “Buy” and a consensus target price of $7.75.
In other Celsius news, Director William H. Milmoe bought 555,555 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was acquired at an average price of $3.60 per share, with a total value of $1,999,998.00. Also, major shareholder Carl Desantis bought 500,000 shares of the firm’s stock in a transaction on Thursday, September 12th. The shares were acquired at an average cost of $3.60 per share, with a total value of $1,800,000.00. 38.30% of the stock is owned by corporate insiders.
Celsius Holdings, Inc develops, markets, distributes, and sells functional calorie-burning fitness beverages in the United States and internationally. The company offers its beverages in various flavors, including carbonated orange, wild berry, cola, grape, kiwi-guava, and watermelon; and non-carbonated green tea raspberry/acai, green tea/peach mango, pineapple coconut, watermelon berry, and strawberries and cream, as well as sparkling grapefruit, cucumber lime, and orange pomegranate under the Celsius name.
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