Trading Day Review: Chicken Soup for the Soul Entertainment Inc (CSSE) Loses Momentum, Closing at 0.26

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The price of Chicken Soup for the Soul Entertainment Inc (NASDAQ: CSSE) closed at $0.26 in the last session, down -38.87% from day before closing price of $0.43. In other words, the price has decreased by -$38.87 from its previous closing price. On the day, 16.24 million shares were traded. CSSE stock price reached its highest trading level at $0.3288 during the session, while it also had its lowest trading level at $0.246.

Ratios:

We take a closer look at CSSE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.41.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Guggenheim on October 01, 2021, initiated with a Buy rating and assigned the stock a target price of $37.

On July 21, 2021, Needham started tracking the stock assigning a Buy rating and target price of $45.

On May 25, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $62.B. Riley Securities initiated its Buy rating on May 25, 2021, with a $62 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 02 ’23 when DeNicola Cosmo bought 26,990 shares for $15.33 per share. The transaction valued at 413,757 led to the insider holds 26,990 shares of the business.

NEWMARK L AMY bought 16,000 shares of CSSE for $223,680 on May 22 ’23. The Director now owns 16,000 shares after completing the transaction at $13.98 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CSSE now has a Market Capitalization of 13774695 and an Enterprise Value of 577938560. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 1.963 whereas that against EBITDA is -4.194.

Stock Price History:

The Beta on a monthly basis for CSSE is 0.75, which has changed by -0.7696477 over the last 52 weeks, in comparison to a change of 0.21080327 over the same period for the S&P500. Over the past 52 weeks, CSSE has reached a high of $1.99, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is 49.35%, while the 200-Day Moving Average is calculated to be -29.49%.

Shares Statistics:

According to the various share statistics, CSSE traded on average about 3.81M shares per day over the past 3-months and 22869610 shares per day over the past 10 days. A total of 24.73M shares are outstanding, with a floating share count of 18.42M. Insiders hold about 42.83% of the company’s shares, while institutions hold 4.31% stake in the company. Shares short for CSSE as of 1713139200 were 549306 with a Short Ratio of 0.14, compared to 1710460800 on 562208. Therefore, it implies a Short% of Shares Outstanding of 549306 and a Short% of Float of 3.5900000000000003.

Earnings Estimates

On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$2.7. The consensus estimate for the next quarter is -$0.71, with high estimates of -$0.71 and low estimates of -$0.71.

Analysts are recommending an EPS of between -$6.21 and -$6.21 for the fiscal current year, implying an average EPS of -$6.21. EPS for the following year is -$4.72, with 1.0 analysts recommending between -$4.72 and -$4.72.

Revenue Estimates

According to 1 analysts, the current quarter’s revenue is expected to be $39.17M. It ranges from a high estimate of $136M to a low estimate of $136M. As of the current estimate, Chicken Soup for the Soul Entertainment Inc’s year-ago sales were $113.58MFor the next quarter, 1 analysts are estimating revenue of $121.02M. There is a high estimate of $121.02M for the next quarter, whereas the lowest estimate is $121.02M.

A total of 1 analysts have provided revenue estimates for CSSE’s current fiscal year. The highest revenue estimate was $434.1M, while the lowest revenue estimate was $434.1M, resulting in an average revenue estimate of $294.41M. In the same quarter a year ago, actual revenue was $252.81MBased on 1 analysts’ estimates, the company’s revenue will be $475M in the next fiscal year. The high estimate is $475M and the low estimate is $475M.

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