Interactive Strength Inc (NASDAQ: TRNR) – Time For Strategy Change?

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 603.87K but it saw 918964 shares traded in last market. With a market cap of 3.35M USD, the company’s current market price of $0.13 came falling about -10.70 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.69 and as low as $0.12.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $0.1758, while its current price level is -97.70% below from 52-week high level whereas it is 7.03% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1958 while that of 200 days or SMA-200 reads an average of $0.7502. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.96% during that period while stretching the period over a month that decreases to 15.96%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.22 which implies that the stock is in neutral territory.

Over the week, TRNR’s stock price is moving -29.19% down while it is -19.93% when we observe its performance for the past one month. Year-to-date it is -84.77% down and over the past year, the stock is showing a downside performance of -97.32%.

Currently, Interactive Strength Inc’s total number of outstanding shares is 14.19M. Company’s return on investment (ROI) stands at -49793.62% and return on equity (ROE) at -11955.56%. Stock’s beta reads -0.34. Stock has a price to book (P/B) ratio of 44.71 while price to sale or P/S ratio amounts to 2.86. Its return on asset (ROA) is -143.30% on average.