Chanson International (NASDAQ:CHSN) Trading 1.9% Higher – Still a Buy?

Chanson International Holding (NASDAQ:CHSN) shares shot up 1.9% on Tuesday . The stock traded as high as $1.11 and last traded at $1.07. Approximately 25,619 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 52,884 shares. The stock had previously closed at $1.05.

Analyst Ratings Changes

A number of research analysts have recently commented on CHSN shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Chanson International in a research note on Tuesday, July 21st. Wall Street Zen upgraded shares of Chanson International to a “hold” rating in a report on Saturday, June 13th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Chanson International Stock Up 1.9%

The company has a 50-day moving average price of $1.08 and a two-hundred day moving average price of $71.50. The company has a quick ratio of 0.75, a current ratio of 0.81 and a debt-to-equity ratio of 0.08.

About Chanson International

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.