Interactive Strength Inc (NASDAQ: TRNR) Emerges As Guiding Light For Investors

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 3.71M but it saw 5587742 shares traded in last market. With a market cap of 0.98M USD, the company’s current market price of $0.22 came falling about -16.45 while comparing to the previous closing price of $0.26. In past 52 weeks, the stock remained buoying in the range of price level as high as $66.00 and as low as $0.21. In the recent trading on the day, stock has struck highest price mark of $0.2128 while lowest mark touched by it was $0.235.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $0.3510, while its current price level is -99.67% below from 52-week high level whereas it is 3.69% 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 $0.5028 while that of 200 days or SMA-200 reads an average of $12.3463. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.14% during that period while stretching the period over a month that decreases to 12.84%. 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 29.49 which implies that the stock is in oversold territory.

Over the week, TRNR’s stock price is moving -12.44% down while it is -62.90% when we observe its performance for the past one month. Year-to-date it is -99.36% down and over the past year, the stock is showing a downside performance of -99.61%.

Currently, Interactive Strength Inc’s total number of outstanding shares is 4.46M. Company’s return on investment (ROI) stands at -6466.22% and return on equity (ROE) at -1616.56%. Stock’s beta reads -0.49. Stock has a price to book (P/B) ratio of 0.62 while price to sale or P/S ratio amounts to 0.66. Its return on asset (ROA) is -147.41% on average.