Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) has been assigned an average broker rating score of 1.00 (Strong Buy) from the three brokers that provide coverage for the company, Zacks Investment Research reports. Three investment analysts have rated the stock with a strong buy rating.

Brokers have set a one year consensus price objective of $18.94 for the company and are forecasting that the company will post $0.68 earnings per share for the current quarter, according to Zacks. Zacks has also given Chicken Soup for The Soul Entrtnmnt an industry rank of 92 out of 257 based on the ratings given to its competitors.

Separately, ValuEngine upgraded Chicken Soup for The Soul Entrtnmnt from a “sell” rating to a “hold” rating in a research report on Saturday, September 1st.

Shares of CSSE traded down $0.06 during mid-day trading on Thursday, reaching $8.11. 21,712 shares of the company were exchanged, compared to its average volume of 16,702. Chicken Soup for The Soul Entrtnmnt has a 52 week low of $6.19 and a 52 week high of $11.41. The company has a market capitalization of $31.03 million, a price-to-earnings ratio of 9.89 and a beta of 1.95.

In related news, major shareholder Mvm Funds Llc acquired 11,797 shares of the stock in a transaction dated Friday, November 16th. The stock was bought at an average cost of $9.35 per share, for a total transaction of $110,301.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have bought 107,445 shares of company stock valued at $960,024 over the last 90 days. 72.60% of the stock is owned by corporate insiders.

An institutional investor recently bought a new position in Chicken Soup for The Soul Entrtnmnt stock. Royce & Associates LP bought a new position in Chicken Soup for The Soul Entrtnmnt Inc (NASDAQ:CSSE) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 150,000 shares of the company’s stock, valued at approximately $1,437,000. Royce & Associates LP owned approximately 3.99% of Chicken Soup for The Soul Entrtnmnt as of its most recent filing with the Securities and Exchange Commission (SEC). 17.75% of the stock is currently owned by institutional investors.

Chicken Soup for The Soul Entrtnmnt Company Profile

Chicken Soup for the Soul Entertainment, Inc, a media company, produces, distributes, and licenses video content in the United States and internationally. It distributes and exhibits video on-demand (VOD) content directly to consumers through digital platforms, such as smartphones, tablets, gaming consoles, and the Web through Popcornflix and A Plus networks, as well as operates a series of direct-to consumer advertising supported channels.

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