Chanson International Holding (NASDAQ: CHSN) Increases 29.76% Over A Month, But Analysts Still See Upside Potential

Chanson International Holding (NASDAQ:CHSN) currently has a daily average trading volume of 4.98M but it saw 255143 shares traded in last market. With a market cap of 8.46M USD, the company’s current market price of $0.31 came rising about 9.15 while comparing to the previous closing price of $0.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.55 and as low as $0.18. In the recent trading on the day, stock has struck highest price mark of $0.275 while lowest mark touched by it was $0.3199.

Taking a look at 20-day trading activity of Chanson International Holding (CHSN) gives us an average price of $0.2700, while its current price level is -98.01% below from 52-week high level whereas it is 73.96% 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 $0.2969 while that of 200 days or SMA-200 reads an average of $3.3376. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.43% during that period while stretching the period over a month that increases to 17.31%. 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 45.64 which implies that the stock is in neutral territory.

Over the week, CHSN’s stock price is moving -6.06% down while it is 29.76% when we observe its performance for the past one month. Year-to-date it is -93.93% down and over the past year, the stock is showing a downside performance of -81.55%.

The company is expected to be releasing its next quarterly report in May, 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 21.63M with 51.34% of that held by the insiders while 0.26% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.78% and return on equity (ROE) at 4.99%. It has a price to earnings ratio (P/E ratio) of 48.44. Stock’s beta reads -2.75. Stock has a price to book (P/B) ratio of 3.35 while price to sale or P/S ratio amounts to 3.34. Its return on asset (ROA) is 1.89% on average.