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Chanson International Holding (CHSN) stock has plummeted to a 52-week low, trading at $0.21, with the micro-cap company’s market value now at just $6 million. This latest price level reflects a significant downturn for the company, which has experienced a staggering year-to-date decline of -95.7%. InvestingPro analysis reveals the stock is currently in oversold territory, with multiple warning signs including weak financial health scores and concerning cash flow metrics. Investors have watched CHSN shares erode in value over the past year, as market conditions and company-specific challenges, including a significant debt burden and poor cash flow yield, have weighed heavily on the stock’s performance. The 52-week low marks a critical juncture for Chanson International Holding, as stakeholders consider the company’s future prospects and strategic responses to its current financial position. Get deeper insights into CHSN’s financial health with 14 additional exclusive ProTips on InvestingPro.
In other recent news, Chanson International Holding has announced an extraordinary general meeting (EGM) for its shareholders, scheduled for March 10, 2025. The company has not disclosed the specific matters to be discussed at the meeting. Documents including a notice, proxy statement, and proxy card were distributed to shareholders to inform them about the meeting’s agenda and voting procedures. These documents were issued on February 21, 2025, the same day the EGM was announced. The CEO, Director, and Chairman of the Board, Gang Li, signed the SEC filing, demonstrating compliance with the Securities Exchange Act of 1934. Chanson International, which underwent a name change in 2020, is incorporated in the Cayman Islands and operates from Urumqi, Xinjiang, China. Shareholders are encouraged to review the proxy materials and participate in the voting process. The press release emphasizes the company’s commitment to maintaining communication with its shareholders and following corporate governance standards.
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