Consumer Goods Overbought Stocks: Celsius Holdings (OTCMKTS:CELH), MGP Ingredients (NASDAQ:MGPI), Coca-Cola Bottling (NASDAQ:COKE), Sequential Brands Group (NASDAQ:SQBG)

Celsius Holdings, Inc., (OTCMKTS:CELH) the creator and marketer of Celsius®, the world’s first Negative Calorie beverage backed by clinical science, announced yesterday the partnership with global music superstar, Flo Rida, for the exclusive licensing and endorsement rights for functional beverages. Celsius Holdings, Inc. (OTCMKTS:CELH) shares after opening at $1.13 moved to $1.13 on last trade day and at the end of the day closed at $1.10. Company price to sales ratio in past twelve months was calculated as 1.92 and price to cash ratio as 6.01. Celsius Holdings, Inc. (OTCMKTS:CELH) showed a positive weekly performance of 39.24%.

MGP Ingredients (NASDAQ:MGPI) announced its earnings results on Wednesday. The company reported ($0.02) earnings per share (EPS) for the quarter, Analyst Ratings Network reports. The company had revenue of $80.94 million for the quarter, compared to the consensus estimate of $86.35 million. MGP Ingredients Inc. (NASDAQ:MGPI) shares advanced 1.77% in last trading session and ended the day on $6.31. MGP Ingredients Inc. (NASDAQ:MGPI) return on equity ratio is recorded as -3.40% and its return on assets is -1.80%. MGP Ingredients Inc. (NASDAQ:MGPI) yearly performance is 47.09%.

Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) Wednesday reported fourth-quarter net loss attributable to the company of $4.6 million or $0.50 per share, compared to net income of $1.8 million or $0.20 per share last year. Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) shares moved down -0.05% in last trading session and was closed at $88.46, while trading in range of $87.43 – $88.64. Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) year to date (YTD) performance is 21.31%.

Sequential Brands Group Inc. (NASDAQ:SQBG) has announced the appointment of top strategist Jameel Spencer as its new Chief Marketing officer who will reporting directly to the company’s Chief executive officer Yehuda Shmidam. Sequential Brands Group Inc. (NASDAQ:SQBG) weekly performance is 17.54%. On last trading day company shares ended up $8.11. Sequential Brands Group Inc. (NASDAQ:SQBG) distance from 50-day simple moving average (SMA50) is 36.00%. Analysts mean target price for the company is $7.83.

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