Celsius (NASDAQ:CELH) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Friday.
Several other research firms also recently weighed in on CELH. Zacks Investment Research downgraded Celsius from a “hold” rating to a “sell” rating in a research report on Tuesday, March 13th. Maxim Group started coverage on Celsius in a research report on Thursday, February 1st. They set a “buy” rating and a $8.00 target price for the company. B. Riley set a $8.00 target price on Celsius and gave the stock a “buy” rating in a research report on Tuesday, March 6th. Finally, TheStreet downgraded Celsius from a “c” rating to a “d+” rating in a research report on Friday, December 1st. Two research analysts have rated the stock with a sell rating and two have assigned a buy rating to the stock. Celsius presently has an average rating of “Hold” and an average price target of $7.33.
Shares of Celsius (CELH) opened at $4.80 on Friday. Celsius has a 52-week low of $3.32 and a 52-week high of $7.00. The company has a current ratio of 4.19, a quick ratio of 3.37 and a debt-to-equity ratio of 0.20.
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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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