Chanson International Holding (NASDAQ: CHSN) Gains 387.17% And Its 126.10% Stock Volatility Is Bewildering

Chanson International Holding (NASDAQ:CHSN) does about 121.32K shares in volume on a normal day but saw 12901276 shares change hands in the recent trading day. The company now has a market cap of 317.08M USD. Its current market price is $14.81, marking an increase of 387.17% compared to the previous close of $3.04. The 52 week high reached by this stock is $18.65 whilst the lowest price level in 52 weeks is $1.10.

Chanson International Holding (CHSN) has a 20-day trading average at $3.05 and the current price is -20.59% off the 52-week high compared with 1246.36% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.24 and its 200-day simple moving average is $1.92. If we look at the stock’s price movements over the week, volatility stands at 126.10%, which decreases to 43.09% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 95.46 to suggest the stock is overbought.

The current price level is 518.89%, 645.90%, and 699.60% away from its SMA20, SMA50, and SMA200 respectively, with the CHSN price moving below the 50-day SMA on current market day. Chanson International Holding (CHSN) stock is up 419.65% over the week and 792.17% over the past month. Its price is 1113.93% year-to-date and 334.31% over the past year.

The company has a return on investment of -0.99% and return on equity of -1.89%. The beta has a value of -1.79. Price to book ratio is 110.93 and price to sales ratio is 143.48.