Alert: Major Price Decline (9/4/24)-Celsius Holdings Inc (NASDAQ: CELH).

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Celsius Holdings Inc (NASDAQ: CELH) stock closed at $32.39 on 9/4/24 after a major decline of -11.6%. Moreover, exceptionally high trading volume at 324% of normal accompanied the decline. The stock has declined -19.3% during the last week and has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, CELH is expected to continue to be a major Value Builder.

Celsius Holdings has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Celsius Holdings has a good Appreciation Score of 72 but a poor Power Rating of 23, producing the Low Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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