KD Logo

Celsius Holdings Inc (CELH) rating initates by Needham

Celsius Holdings Inc’s recent filing unveils that its Chief Executive Officer Fieldly John unloaded Company’s shares for reported $18.95 million on Sep 13 ’24. In the deal valued at $34.36 per share,551,421 shares were sold. As a result of this transaction, Fieldly John now holds 1,261,069 shares worth roughly $35.52 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Fieldly John sold 74,847 shares, generating $2,454,982 in total proceeds. Upon selling the shares at $32.80, the Chief Executive Officer now owns 1,812,490 shares.

Before that, Fieldly John bought 551,421 shares. Celsius Holdings Inc shares valued at $18,862,428 were divested by the Officer at a price of $34.21 per share.

Needham initiated its Celsius Holdings Inc [CELH] rating to a Buy in a research note published on December 06, 2024; the price target was $38. A number of analysts have revised their coverage, including Truist’s analysts, who remained covering the stock and in mid October has reiterated a ‘”a Hold”‘ rating for it. Jefferies also remained covering CELH and reiterated its “Buy” recommendation on October 10, 2024. ROTH MKM maintained its rating on September 05, 2024. It rated CELH as “a Buy”.

Price Performance Review of CELH

On Friday, Celsius Holdings Inc [NASDAQ:CELH] saw its stock jump 1.00% to $28.17. Over the last five days, the stock has lost -0.98%. Celsius Holdings Inc shares have fallen nearly -48.33% since the year began. Nevertheless, the stocks have fallen -45.00% over the past one year. While a 52-week high of $99.62 was reached on 03/14/24, a 52-week low of $25.23 was recorded on 11/18/24. SMA at 50 days reached $30.10, while 200 days put it at $55.07.

Levels Of Support And Resistance For CELH Stock

The 24-hour chart illustrates a support level at 27.16, which if violated will result in even more drops to 26.14. On the upside, there is a resistance level at 29.83. A further resistance level may holdings at 31.48. The Relative Strength Index (RSI) on the 14-day chart is 45.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.00%. Stochastics %K at 52.95% indicates the stock is a holding.

How much short interest is there in Celsius Holdings Inc?

A steep rise in short interest was recorded in Celsius Holdings Inc stocks on 2024-11-15, growing by 1.95 million shares to a total of 27.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 25.17 million shares. There was a rise of 7.21%, which implies that there is a positive sentiment for the stock.

Most Popular