Celsius Holdings Inc’s recently made public that its Chief Financial Officer Langhans Jarrod unloaded Company’s shares for reported $0.28 million on Apr 19 ’24. In the deal valued at $69.42 per share,4,079 shares were sold. As a result of this transaction, Langhans Jarrod now holds 83,670 shares worth roughly $5.76 million.
Then, DeSantis Dean sold 100,000 shares, generating $9,575,350 in total proceeds. Upon selling the shares at $95.75, the 10% Owner now owns 219,257 shares.
Before that, Levy Caroline S sold 20,000 shares. Celsius Holdings Inc shares valued at $1,895,400 were divested by the Director at a price of $94.77 per share. As a result of the transaction, Levy Caroline S now holds 37,891 shares, worth roughly $2.61 million.
Maxim Group reiterated its Celsius Holdings Inc [CELH] rating to a Buy in a research note published on April 01, 2024; the price target was $110. A number of analysts have revised their coverage, including Wedbush’s analysts, who remained covering the stock and in early March has reiterated a ‘”an Outperform”‘ rating for it. Maxim Group also remained covering CELH and reiterated its “Buy” recommendation on March 01, 2024. Maxim Group revised its rating on February 02, 2024. It rated CELH as “a Buy” which previously was an “a Hold”.
Price Performance Review of CELH
On Friday, Celsius Holdings Inc [NASDAQ:CELH] saw its stock fall -1.61% to $68.84. Over the last five days, the stock has lost -13.65%. Celsius Holdings Inc shares have risen nearly 26.27% since the year began. Nevertheless, the stocks have risen 130.77% over the past one year. While a 52-week high of $99.62 was reached on 03/14/24, a 52-week low of $28.10 was recorded on 01/31/24. SMA at 50 days reached $78.19, while 200 days put it at $60.80. A total of 3.57 million shares were traded, compared to the trading of 3.3 million shares in the previous session.
Levels Of Support And Resistance For CELH Stock
The 24-hour chart illustrates a support level at 67.37, which if violated will result in even more drops to 65.91. On the upside, there is a resistance level at 70.46. A further resistance level may holdings at 72.08. The Relative Strength Index (RSI) on the 14-day chart is 32.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.81%. Stochastics %K at 3.56% indicates the stock is a buying.
