Celsius (CELH) Rating Increased to C+ at TheStreet
TheStreet upgraded shares of Celsius (NASDAQ:CELH) from a d rating to a c+ rating in a report issued on Friday morning, TheStreetRatingsTable reports.
Several other brokerages have also recently weighed in on CELH. Maxim Group reiterated a buy rating and issued a $8.00 price objective on shares of Celsius in a research note on Thursday, March 14th. Zacks Investment Research upgraded shares of Celsius from a hold rating to a buy rating and set a $4.75 price objective on the stock in a research note on Tuesday, February 5th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of $6.58.
Shares of NASDAQ CELH opened at $3.95 on Friday. The company has a current ratio of 3.53, a quick ratio of 2.07 and a debt-to-equity ratio of 0.37. The stock has a market cap of $229.23 million, a PE ratio of -17.17 and a beta of 0.88. Celsius has a 52-week low of $3.05 and a 52-week high of $5.07.
Several large investors have recently modified their holdings of the company. Arcus Capital Partners LLC lifted its stake in shares of Celsius by 309.6% in the 1st quarter. Arcus Capital Partners LLC now owns 21,341,255 shares of the company’s stock worth $90,914,000 after purchasing an additional 16,130,891 shares during the period. BlackRock Inc. raised its stake in Celsius by 2.6% during the 1st quarter. BlackRock Inc. now owns 1,180,123 shares of the company’s stock worth $5,027,000 after acquiring an additional 30,240 shares during the period. Vanguard Group Inc raised its stake in Celsius by 19.5% during the 3rd quarter. Vanguard Group Inc now owns 700,390 shares of the company’s stock worth $2,822,000 after acquiring an additional 114,425 shares during the period. Vanguard Group Inc. raised its stake in Celsius by 19.5% during the 3rd quarter. Vanguard Group Inc. now owns 700,390 shares of the company’s stock worth $2,822,000 after acquiring an additional 114,425 shares during the period. Finally, Granite Investment Partners LLC raised its stake in Celsius by 242.4% during the 1st quarter. Granite Investment Partners LLC now owns 299,057 shares of the company’s stock worth $1,274,000 after acquiring an additional 211,705 shares during the period. Hedge funds and other institutional investors own 48.26% of the company’s stock.
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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