Watch for Continued Gains in Shares of Celsius Holdings Inc. (CELH)

September 17, 2021 10:56:34

Celsius Holdings Inc. (NASDAQ:CELH) traded at a new 52-week high today of $99.15. This new high was reached on below average trading volume as 576,000 shares traded hands, while the average 30-day volume is approximately 988,000 shares.

Celsius Holdings Inc engages in the development, marketing, sale, and distribution of functional calorie-burning beverages. It offers flavours including cola, orange, wild berry and lemon iced tea and non-carbonated flavours such as Raspberry Acai Green Tea and Peach Mango Green Tea under the Celsius brand name. The company distributes its products through direct-store-delivery distributors, as well as directly to retailers across various retail segments, including supermarkets, convenience stores, drug stores, nutritional stores, mass merchants, health clubs, spas, gyms, military, and e-commerce websites.

Based on a current price of $95.00, Celsius Holdings Inc. is currently 20.4% above its average consensus analyst price target of $75.61.

In the past 52 weeks, Celsius Holdings Inc. share prices are bracketed by a low of $18.71 and a high of $99.15 and is now at $95.00, 408% above that low price.

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