A Few Bright Spots In Interactive Strength Inc (NASDAQ: TRNR)

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 706.85K but it saw 18074596 shares traded in last market. With a market cap of 2.71M USD, the company’s current market price of $3.45 came rising about 25.45 while comparing to the previous closing price of $2.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $4760.00 and as low as $2.50. In the recent trading on the day, stock has struck highest price mark of $3.14 while lowest mark touched by it was $3.95.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $5.36, while its current price level is -99.93% below from 52-week high level whereas it is 38.00% 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 $11.72 while that of 200 days or SMA-200 reads an average of $515.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.31% during that period while stretching the period over a month that increases to 27.45%. 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 33.25 which implies that the stock is in neutral territory.

Over the week, TRNR’s stock price is moving -3.90% down while it is -71.18% when we observe its performance for the past one month. Year-to-date it is -99.90% down and over the past year, the stock is showing a downside performance of -99.91%.

The company is expected to be releasing its next quarterly report in December, 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 0.04M. Company’s return on investment (ROI) stands at -405.82% and return on equity (ROE) at -1470.61%. Stock’s beta reads -0.85. Stock has a price to book (P/B) ratio of 0.10 while price to sale or P/S ratio amounts to 0.85. Its return on asset (ROA) is -144.85% on average.