Celsius Holdings (CELH) Earning Somewhat Positive Press Coverage, Analysis Finds

Press coverage about Celsius Holdings (NASDAQ:CELH) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Celsius Holdings earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.8014725138107 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of Celsius Holdings (NASDAQ CELH) opened at 4.33 on Friday. The company’s market capitalization is $196.32 million. Celsius Holdings has a 1-year low of $1.83 and a 1-year high of $4.78. The stock’s 50 day moving average is $4.00 and its 200 day moving average is $3.88.

Celsius Holdings (NASDAQ:CELH) last posted its earnings results on Wednesday, August 9th. The company reported $0.01 earnings per share 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.

Separately, B. Riley started coverage on shares of Celsius Holdings in a research note on Tuesday. They set a “buy” rating and a $7.00 price objective on the stock.

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Celsius Holdings Company Profile

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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