Interactive Strength Inc (NASDAQ: TRNR) Now $0.34 Higher From Its Low (0.09), Does It Still Have A Growth Story?

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 3.00M but it saw 1472676 shares traded in last market. With a market cap of 1.74M USD, the company’s current market price of $0.43 came falling about -3.57 while comparing to the previous closing price of $0.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $71.20 and as low as $0.34. In the recent trading on the day, stock has struck highest price mark of $0.4 while lowest mark touched by it was $0.444.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $0.5122, while its current price level is -99.39% below from 52-week high level whereas it is 26.71% 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 $0.7515 while that of 200 days or SMA-200 reads an average of $15.0904. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.13% during that period while stretching the period over a month that increases to 18.93%. 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 36.65 which implies that the stock is in neutral territory.

Over the week, TRNR’s stock price is moving -19.96% down while it is 2.80% when we observe its performance for the past one month. Year-to-date it is -98.74% down and over the past year, the stock is showing a downside performance of -99.17%.

The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Interactive Strength Inc’s total number of outstanding shares is 4.01M. Company’s return on investment (ROI) stands at -6466.22% and return on equity (ROE) at -1616.56%. Stock’s beta reads -0.89. Stock has a price to book (P/B) ratio of 1.23 while price to sale or P/S ratio amounts to 1.18. Its return on asset (ROA) is -147.41% on average.