Big investors have shown a strong interest in Celsius Holdings, with a majority of them feeling optimistic about the company’s future. Over the past month, there have been a mix of bullish and bearish options trades for Celsius Holdings at various strike prices, including $55.00, $65.00, $76.00, $90.00, and $100.00. Market influencers are honing in on a price range of $55.0 to $130.0 for Celsius Holdings, based on recent trading activity and open interest data from the past three months. The average open interest for Celsius Holdings options today stands at 1707.94, with a total volume of 3,529.00, signaling strong interest and liquidity in these options.
Celsius Holdings Inc. (CELH) Stock Shows Strong Performance on March 12, 2024: What Contributed to the Rise?
On March 12, 2024, Celsius Holdings Inc. (CELH) stock showed strong performance, trading near the top of its 52-week range and above its 200-day simple moving average. According to data from CNN Money, CELH shares experienced a significant price increase, rising by $4.13 since the market last closed, representing a 4.84% increase.
CELH is a company that specializes in fitness drinks and supplements, and its strong performance on March 12 may have been influenced by various factors such as positive earnings reports, product launches, or market trends favoring health and wellness products. Investors who had been holding CELH shares may have seen significant gains in their portfolios on that day, while those considering investing in the stock may have taken note of its price momentum and positive performance indicators.
Celsius Holdings Inc. Reports Strong Financial Performance for Past Year with Mixed Results in Fourth Quarter
On March 12, 2024, Celsius Holdings Inc. (CELH) saw a mixed performance in its stock prices based on its financial results for the past year and the fourth quarter. According to data from CNN Money, the company reported a total revenue of $1.32 billion for the past year, which marked a significant increase of 101.65% compared to the previous year. However, the total revenue for the fourth quarter was $347.44 million, showing a decrease of 9.7% from the previous quarter.
In terms of net income, Celsius Holdings Inc. reported a net income of $226.80 million for the past year, representing a substantial increase of 221.1% compared to the previous year. However, the net income for the fourth quarter was $50.12 million, showing a decrease of 40.3% from the previous quarter.
Earnings per share (EPS) for Celsius Holdings Inc. were $0.77 for the past year, reflecting an increase of 187.67% compared to the previous year. The EPS for the fourth quarter remained flat at $0.17.
Overall, the financial results for Celsius Holdings Inc. show a strong performance in terms of total revenue and net income for the past year, with significant increases compared to the previous year. However, the results for the fourth quarter show a decline in both total revenue and net income compared to the previous quarter. The EPS remained relatively stable, showing a slight increase compared to the previous year.
