Celsius Holdings ( NASDAQ: CELH) stock price has suffered a harsh reversal this week as investors remained concerned about its growth trajectory. The stock has plunged for three straight days and moved into a bear market. Are you looking for signals & alerts from pro-traders?
Is celh stock a good buy?
Despite the warning from Morgan Stanley, the firm maintained its “equal weight” rating and $75 per share price target for CELH stock. That’s more bearish than the analysts’ consensus rating of moderate buy and price prediction of $88.36 per share. CELH stock is down 16.7% as of Tuesday afternoon but is still up 34.2% year-to-date.
Should you bet on celh (celh)'s next move?
When betting on CELH's next move, options could be a good way to go. The stock's Schaeffer's Volatility Index (SVI) of 56% ranks in the relatively low 27th percentile of its annual range, meaning options traders are pricing in low volatility expectations at the moment. Follow me on Twitter .
