Spotting A Winner: Interactive Strength Inc (NASDAQ: TRNR) Retreats -18.96 And It Still Have Room To Run

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 6.73M but it saw 7810202 shares traded in last market. With a market cap of 1.67M USD, the company’s current market price of $0.10 came falling about -18.96 while comparing to the previous closing price of $0.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.60 and as low as $0.11. In the recent trading on the day, stock has struck highest price mark of $0.0921 while lowest mark touched by it was $0.12.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $0.1367, while its current price level is -99.80% below from 52-week high level whereas it is -14.91% 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 $0.2678 while that of 200 days or SMA-200 reads an average of $8.0385. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.98% during that period while stretching the period over a month that increases to 15.54%. 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 31.41 which implies that the stock is in neutral territory.

Over the week, TRNR’s stock price is moving -33.15% down while it is -33.92% when we observe its performance for the past one month. Year-to-date it is -99.72% down and over the past year, the stock is showing a downside performance of -99.77%.

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 -0.55. Stock has a price to book (P/B) ratio of 0.28 while price to sale or P/S ratio amounts to 1.14. Its return on asset (ROA) is -147.41% on average.