{"id":6584,"date":"2015-08-19T14:15:57","date_gmt":"2015-08-19T14:15:57","guid":{"rendered":"\/?p=6584"},"modified":"2015-08-19T14:39:30","modified_gmt":"2015-08-19T14:39:30","slug":"celsius-holdings-inc-otcmktscelh-creeps-closer-to-two-dollars","status":"publish","type":"post","link":"\/articles\/celsius-holdings-inc-otcmktscelh-creeps-closer-to-two-dollars\/","title":{"rendered":"Celsius Holdings, Inc. (OTCMKTS:CELH) Creeps Closer to Two Dollars"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91057\/celh_chart.png\" border=\"0\" width=\"450\" \/>Even though the last press release Celsius Holdings, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CELH\">CELH<\/a>) put up was a very positive one, the stock has not been doing too well ever since. The ticker saw a single close in the green since the August 10 PR in question and on that day <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CELH\">CELH<\/a> ended up was a fraction of a percent up. Yesterday the stock dropped 4.8% or 10 cents, to stop at $2.16 per share.<\/p>\n<p>On August 10 Celsius reported a &ldquo;record second quarter&rdquo; and put up a financial report to go along with the brief summary of Q2 performance in the press release. Here is a rundown of the numbers <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CELH\">CELH<\/a> reported as of June 30, 2015:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>$11.6 million in cash and equivalents<\/li>\n<li>$1.3 million in current liabilities<\/li>\n<li>$4.6 million in Q2 revenues<\/li>\n<li>$519 thousand in Q2 net loss<\/li>\n<\/ul>\n<p>The company highlighted the great 71% growth of Q2 revenue YoY compared to 2014 but revenues were just $6 thousand dollars up and practically flat quarter over quarter, against Q1 of 2015. While revenues went up less than 1% QoQ, operating expenses ballooned 69% and made <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CELH\">CELH<\/a> switch from a profitable first quarter of 2015 to half a million loss in Q2.<\/p>\n<p>Meanwhile, the company&#8217;s outstanding shares figure is creeping up. As of March 31, 2015 the company had 20 million outstanding common shares. This number was up nearly 100% by June 30, when <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CELH\">CELH<\/a> reported having 38 million outstanding shares. This was largely due to <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CELH\">CELH<\/a> issuing 12.9 million shares priced at $0.89 back in April.<\/p>\n<p>While <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CELH\">CELH<\/a> has, for the most part, been able to hold its gains after its violent start up the charts in April, the stock is still swinging within a wide bracket and offers opportunities for traders who love a bit of extra risk and would play it both ways.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even though the last press release Celsius Holdings, Inc. (OTCMKTS:CELH) put up was a very positive one, the stock has not been doing too well ever since. The ticker saw a single close in&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1612],"class_list":["post-6584","post","type-post","status-publish","format-standard","hentry","category-news","tag-celh"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=6584"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6584\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=6584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=6584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=6584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}