Chanson International (NASDAQ:CHSN) Trading 2.5% Higher – Here’s Why

Chanson International Holding (NASDAQ:CHSN) was up 2.5% during mid-day trading on Friday . The company traded as high as $2.85 and last traded at $2.6450. Approximately 33,476 shares traded hands during trading, an increase of 126% from the average daily volume of 14,819 shares. The stock had previously closed at $2.58.

Wall Street Analysts Forecast Growth

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

Chanson International Price Performance

The company has a quick ratio of 1.95, a current ratio of 2.00 and a debt-to-equity ratio of 0.17. The company has a 50 day moving average price of $2.17 and a two-hundred day moving average price of $2.29.

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.