News coverage about Celsius Holdings (NASDAQ:CELH) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Celsius Holdings earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.8099452467631 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Separately, B. Riley began coverage on Celsius Holdings in a research report on Tuesday, August 15th. They issued a “buy” rating and a $7.00 price target on the stock.
Celsius Holdings (CELH) opened at 4.80 on Friday. The stock has a 50 day moving average price of $4.07 and a 200 day moving average price of $3.93. The company’s market capitalization is $217.63 million. Celsius Holdings has a 52-week low of $1.83 and a 52-week high of $4.80.
Celsius Holdings (NASDAQ:CELH) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.01 earnings per share (EPS) for the quarter. Celsius Holdings had a negative net margin of 6.25% and a negative return on equity of 11.85%. The firm had revenue of $10.24 million for the quarter.
About Celsius Holdings
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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