Volatility Is Your Friend: Interactive Strength Inc (TRNR) Is Hot Again

Interactive Strength Inc (NASDAQ:TRNR) does about 815.45K shares in volume on a normal day but saw 1552485 shares change hands in Monday trading. The company now has a market cap of 1.78M USD. Its current market price is $1.28, marking an increase of 15.84% compared to the previous close of $1.11. The 52 week high reached by this stock is $119.60 whilst the lowest price level in 52 weeks is $1.10.

Interactive Strength Inc (TRNR) has a 20-day trading average at $2.8684 and the current price is -98.93% off the 52-week high compared with 16.36% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.4031 and its 200-day simple moving average is $24.7537. If we look at the stock’s price movements over the week, volatility stands at 20.23%, which increases to 26.53% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 29.36 to suggest the stock is oversold.

The consensus objective for the share price is $60.00, suggesting that the stock has a potential upside of 97.87% over the period.

Interactive Strength Inc (TRNR) stock is down -9.22% over the week and -78.19% over the past month. Its price is -96.28% year-to-date and -98.81% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 97.87 percent from here.

The company has a return on investment of -49793.62% and return on equity of -11955.56%. The beta has a value of -0.65. Price to book ratio is 10.91 and price to sales ratio is 1.52.