CSSE Stock Summary and Trading Ideas (Chicken Soup For The Soul Entertainment - Class A | NASDAQ:CSSE)

Chicken Soup for the Soul Entertainment Inc provides premium content to value-conscious consumers. It is the largest advertising-supported video-on-demand companies in the US, with three flagship AVOD streaming services: Redbox, Crackle, and Chicken Soup for the Soul. In addition, the company operates Redbox Free Live TV, a free ad-supported streaming television service (FAST), with nearly 180 FAST channels as well as a transaction video on demand service, and a network of approximately 29,000 kiosks across the US for DVD rentals. To provide original and exclusive content to its viewers, the company creates, acquires, and distributes films and TV series through its Screen Media and Chicken Soup for the Soul TV Group subsidiaries.

Chicken Soup For The Soul Entertainment - Class A trades on the NASDAQ stock market under the symbol CSSE.

As of May 16, 2024, CSSE stock price climbed to $0.33 with 584,383 million shares trading.

CSSE has a beta of 2.14, meaning it tends to be more sensitive to market movements. CSSE has a correlation of 0.05 to the broad based SPY ETF.

CSSE has a market cap of $10.63 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, CSSE stock traded as high as $47.72 and as low as $.13.

The top ETF exchange traded funds that CSSE belongs to (by Net Assets): VXF, IWC.

CSSE has underperformed the market in the last year with a price return of -79.4% while the SPY ETF gained +29.6%. However, in the short term, CSSE had mixed performance relative to the market. It has outperformed in the last 3 months, returning +72.6% vs +5.6% return in SPY. But in the last 2 weeks, CSSE shares have been beat by the market, returning -3.9% compared to an SPY return of +5.7%.

CSSE support price is $.28 and resistance is $.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CSSE stock will trade within this expected range on the day.