Chicken Soup for the Soul Entertainment Inc [NASDAQ: CSSE] jumped around 0.01 points on Tuesday, while shares priced at $0.15 at the close of the session, up 8.40%.
Compared to the average trading volume of 188.05K shares, CSSE reached a trading volume of 6093877 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Chicken Soup for the Soul Entertainment Inc [CSSE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CSSE shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CSSE stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Guggenheim have made an estimate for Chicken Soup for the Soul Entertainment Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 01, 2021. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on July 21, 2021, representing the official price target for Chicken Soup for the Soul Entertainment Inc stock. Previously, the target price had yet another raise to $62, while B. Riley Securities analysts kept a Buy rating on CSSE stock.
The Average True Range (ATR) for Chicken Soup for the Soul Entertainment Inc is set at 0.02, with the Price to Sales ratio for CSSE stock in the period of the last 12 months amounting to 0.02.
How has CSSE stock performed recently?
Chicken Soup for the Soul Entertainment Inc [CSSE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.33. With this latest performance, CSSE shares dropped by -12.72% in over the last four-week period, additionally sinking by -57.68% over the last 6 months – not to mention a drop of -92.19% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CSSE stock in for the last two-week period is set at 47.23, with the RSI for the last a single of trading hit 50.97, and the three-weeks RSI is set at 45.00 for Chicken Soup for the Soul Entertainment Inc [CSSE]. The present Moving Average for the last 50 days of trading for this stock 0.1694, while it was recorded at 0.1440 for the last single week of trading, and 0.3728 for the last 200 days.
Chicken Soup for the Soul Entertainment Inc [CSSE]: Deeper insight into the fundamentals
Chicken Soup for the Soul Entertainment Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.41 and a Current Ratio set at 0.41.
Insider trade positions for Chicken Soup for the Soul Entertainment Inc [CSSE]
The top three institutional holders of CSSE stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in CSSE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in CSSE stock with ownership which is approximately 5.8386%.
