Shares of Celsius Holdings Inc. (NASDAQ:CELH) traded today at $101.50, eclipsing its 52-week high. This new high was reached on below average trading volume as 576,000 shares traded hands, while the average 30-day volume is approximately 1.1 million 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 $99.49, Celsius Holdings Inc. is currently 25.8% above its average consensus analyst price target of $73.78.
Over the past year, Celsius Holdings Inc. has traded in a range of $18.71 to $101.50 and is now at $99.49, 432% above that low.
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