Chanson International (NASDAQ:CHSN) Stock Price Down 1% – Should You Sell?

Shares of Chanson International Holding (NASDAQ:CHSN) fell 1% during mid-day trading on Tuesday . The stock traded as low as $2.00 and last traded at $2.06. 7,634 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 28,190 shares. The stock had previously closed at $2.08.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Chanson International in a report on Tuesday, October 14th. Wall Street Zen cut Chanson International from a “hold” rating to a “sell” rating in a research report on Saturday, September 6th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Chanson International presently has an average rating of “Sell”.

Chanson International Stock Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 2.00 and a quick ratio of 1.95. The business has a fifty day moving average of $2.46 and a 200 day moving average of $12.05.

About Chanson International

Chanson International Holding manufactures and sells a range of bakery products, seasonal products, and beverage products for individual and corporate customers. It offers packaged bakery products, such as cakes, bread, sweets, and snacks; birthday cakes; made-in-store pastries; mooncakes and zongzi products; and other products, including sandwiches, salads, toasts, croissants, soups, and desserts, as well as beverages and juice products.