Should Investors Trust The Upside Potential In Chanson International Holding (CHSN)?

Chanson International Holding (NASDAQ:CHSN) currently has a daily average trading volume of 1.59M but it saw 3690046 shares traded in last market. With a market cap of 9.96M USD, the company’s current market price of $0.47 came falling about -2.56 while comparing to the previous closing price of $0.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.55 and as low as $0.43. In the recent trading on the day, stock has struck highest price mark of $0.45 while lowest mark touched by it was $0.5197.

Taking a look at 20-day trading activity of Chanson International Holding (CHSN) gives us an average price of $1.6368, while its current price level is -97.01% below from 52-week high level whereas it is 7.44% 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 $4.4861 while that of 200 days or SMA-200 reads an average of $3.7115. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.29% during that period while stretching the period over a month that increases to 44.72%. 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 21.77 which implies that the stock is in oversold territory.

Over the week, CHSN’s stock price is moving 0.76% up while it is -91.69% when we observe its performance for the past one month. Year-to-date it is -90.90% down and over the past year, the stock is showing a downside performance of -65.03%.

The company is expected to be releasing its next quarterly report in March, 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 0.14% 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 -4.52. Stock has a price to book (P/B) ratio of 3.48 while price to sale or P/S ratio amounts to 4.51. Its return on asset (ROA) is -0.61% on average.