Chanson International Holding (NASDAQ: CHSN): Retirees Don’t Worry About Volatility

Chanson International Holding (NASDAQ:CHSN) currently has a daily average trading volume of 1.37M but it saw 1547345 shares traded in last market. With a market cap of 11.91M USD, the company’s current market price of $0.56 came falling about -11.76 while comparing to the previous closing price of $0.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.55 and as low as $0.56. In the recent trading on the day, stock has struck highest price mark of $0.5562 while lowest mark touched by it was $0.5989.

Taking a look at 20-day trading activity of Chanson International Holding (CHSN) gives us an average price of $4.2932, while its current price level is -96.42% below from 52-week high level whereas it is -1.03% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.9479 while that of 200 days or SMA-200 reads an average of $3.7822. A closer look into the stock’s movement over the week reveals that its volatility is standing at 153.47% during that period while stretching the period over a month that decreases to 46.31%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 21.49 which implies that the stock is in oversold territory.

Over the week, CHSN’s stock price is moving -91.17% down while it is -89.24% when we observe its performance for the past one month. Year-to-date it is -89.12% down and over the past year, the stock is showing a downside performance of -57.86%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Chanson International Holding’s total number of outstanding shares is 6.76M with 51.34% of that held by the insiders while 0.11% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -0.99% and return on equity (ROE) at -1.89%. Stock’s beta reads -4.85. Stock has a price to book (P/B) ratio of 4.17 while price to sale or P/S ratio amounts to 5.39. Its return on asset (ROA) is -0.61% on average.