Ideas And Forecasts On Interactive Strength Inc (NASDAQ: TRNR)

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 1.37M but it saw 736888 shares traded in last market. With a market cap of 0.85M USD, the company’s current market price of $0.61 came falling about -15.30 while comparing to the previous closing price of $0.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $114.40 and as low as $0.66.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $0.8624, while its current price level is -99.46% below from 52-week high level whereas it is -7.42% 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 $3.2604 while that of 200 days or SMA-200 reads an average of $20.3920. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.10% during that period while stretching the period over a month that increases to 21.55%. 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 30.11 which implies that the stock is in neutral territory.

Over the week, TRNR’s stock price is moving -23.45% down while it is -51.01% when we observe its performance for the past one month. Year-to-date it is -98.22% down and over the past year, the stock is showing a downside performance of -99.38%.

Currently, Interactive Strength Inc’s total number of outstanding shares is 1.39M. Company’s return on investment (ROI) stands at -49793.62% and return on equity (ROE) at -11955.56%. Stock’s beta reads -0.41. Stock has a price to book (P/B) ratio of 5.22 while price to sale or P/S ratio amounts to 0.73. Its return on asset (ROA) is -143.30% on average.