Peloton Interactive Inc (NASDAQ:PTON) currently has a daily average trading volume of 14.01M but it saw 6833726 shares traded in last market. With a market cap of 1.11B USD, the company’s current market price of $2.98 came rising about 2.05 while comparing to the previous closing price of $2.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.56 and as low as $2.70. In the recent trading on the day, stock has struck highest price mark of $2.905 while lowest mark touched by it was $3.08.
Taking a look at 20-day trading activity of Peloton Interactive Inc (PTON) gives us an average price of $3.48, while its current price level is -65.19% below from 52-week high level whereas it is 10.37% 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 $3.54 while that of 200 days or SMA-200 reads an average of $4.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.91% during that period while stretching the period over a month that decreases to 6.52%. 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 33.58 which implies that the stock is in neutral territory.
Citigroup downgraded its recommendation for the stock as a “Neutral” from “Buy” on May 06, 2024 while assigning a price target range of $8-$4. Bernstein issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $8 and $3.80.
Over the week, PTON’s stock price is moving -10.24% down while it is -16.29% when we observe its performance for the past one month. Year-to-date it is -51.07% down and over the past year, the stock is showing a downside performance of -65.02%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.68 beaten by the consensus estimate of -0.4 for the same. In next quarter, company is expected to be making quarterly sales of $610.26M as analysts are expecting the sales for current fiscal year at $2.69B and seeing the company making $2.7B in sales next year. Moreover, analysts are in estimates of $630.48M for current-quarter revenue.
Currently, Peloton Interactive Inc’s total number of outstanding shares is 338.75M. Company’s return on investment (ROI) stands at -46.64% and return on equity (ROE) at -847.28%. Stock’s beta reads 2.03. Stock has a price to sale or P/S ratio amounts to 0.41. Its return on asset (ROA) is -28.14% on average.
