The stock has a 36-month beta value of 0.94. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CSSE is 18.55M, and at present, short sellers hold a 2.96% of that float. On May 08, 2024, the average trading volume of CSSE was 4.83M shares.
CSSE) stock’s latest price update
Chicken Soup for the Soul Entertainment Inc (NASDAQ: CSSE) has experienced a decline in its stock price by -14.72 compared to its previous closing price of 0.34. However, the company has seen a gain of 3.98% in its stock price over the last five trading days. InvestorPlace reported 2024-04-25 that Chicken Soup for the Soul (NASDAQ: CSSE ) stock is falling on Thursday after the entertainment company received a delisting warning from the Nasdaq Exchange. Chicken Soup for the Soul was sent a notice on April 18 about a potential delisting due to the late filing of its annual report for 2023.
CSSE’s Market Performance
CSSE’s stock has risen by 3.98% in the past week, with a monthly rise of 82.65% and a quarterly rise of 51.61%. The volatility ratio for the week is 20.83% while the volatility levels for the last 30 days are 23.72% for Chicken Soup for the Soul Entertainment Inc The simple moving average for the past 20 days is 29.15% for CSSE’s stock, with a -12.80% simple moving average for the past 200 days.
Analysts’ Opinion of CSSE
Many brokerage firms have already submitted their reports for CSSE stocks, with Guggenheim repeating the rating for CSSE by listing it as a “Buy.” The predicted price for CSSE in the upcoming period, according to Guggenheim is $37 based on the research report published on October 01, 2021 of the previous year 2021.
Needham, on the other hand, stated in their research note that they expect to see CSSE reach a price target of $45. The rating they have provided for CSSE stocks is “Buy” according to the report published on July 21st, 2021.
B. Riley Securities gave a rating of “Buy” to CSSE, setting the target price at $62 in the report published on May 25th of the previous year.
CSSE Trading at 53.18% from the 50-Day Moving Average
After a stumble in the market that brought CSSE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.83% of loss for the given period.
Volatility was left at 23.72%, however, over the last 30 days, the volatility rate increased by 20.83%, as shares surge +83.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +54.00% upper at present.
During the last 5 trading sessions, CSSE rose by +3.98%, which changed the moving average for the period of 200-days by -73.40% in comparison to the 20-day moving average, which settled at $0.2332. In addition, Chicken Soup for the Soul Entertainment Inc saw 33.36% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CSSE starting from DeNicola Cosmo, who purchase 26,990 shares at the price of $15.33 back on Jun 02 ’23. After this action, DeNicola Cosmo now owns 26,990 shares of Chicken Soup for the Soul Entertainment Inc, valued at $413,757 using the latest closing price.
NEWMARK L AMY, the Director of Chicken Soup for the Soul Entertainment Inc, purchase 16,000 shares at $13.98 during a trade that took place back on May 22 ’23, which means that NEWMARK L AMY is holding 16,000 shares at $223,680 based on the most recent closing price.
Stock Fundamentals for CSSE
Current profitability levels for the company are sitting at:
- -1.87 for the present operating margin
- -326.85 for the gross margin
The net margin for Chicken Soup for the Soul Entertainment Inc stands at -2.11. The total capital return value is set at -12.36. Equity return is now at value -471.01, with -95.32 for asset returns.
Based on Chicken Soup for the Soul Entertainment Inc (CSSE), the company’s capital structure generated 11.46 points at debt to capital in total, while cash flow to debt ratio is standing at -0.04. The debt to equity ratio resting at -1.1. The interest coverage ratio of the stock is -7.7.
Currently, EBITDA for the company is -62.98 million with net debt to EBITDA at -8.74. When we switch over and look at the enterprise to sales, we see a ratio of 1.92. The receivables turnover for the company is 2.07for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.41.
Conclusion
To sum up, Chicken Soup for the Soul Entertainment Inc (CSSE) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
