Chanson International (NASDAQ:CHSN) Stock Price Down 2.4% – Should You Sell?

Chanson International Holding (NASDAQ:CHSN)’s stock price fell 2.4% during trading on Thursday . The company traded as low as $1.86 and last traded at $2.02. 5,091 shares were traded during mid-day trading, a decline of 30% from the average session volume of 7,266 shares. The stock had previously closed at $2.07.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Chanson International in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Chanson International Stock Performance

The company’s fifty day simple moving average is $2.21 and its two-hundred day simple moving average is $3.26. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.95 and a current ratio of 2.00.

Chanson International Company Profile

Chanson International, Inc is a Taiwan‐based designer, manufacturer and distributor of electronic massage and wellness products. The company focuses on developing advanced full-body massage chairs, handheld massagers, foot and eye massaging devices, and heat therapy systems. Chanson leverages proprietary technologies in vibration, air compression and thermal stimulation to deliver relaxation and support musculoskeletal health.

The company markets its products under the Chanson brand through a combination of retail showrooms, wellness centers, e-commerce platforms and direct sales networks.