Interactive Strength Inc (NASDAQ: TRNR) Recovers 20.00% From 52-Week Low, Is TRNR Still A High-Risk, High-Reward Play?

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 1.33M but it saw 89297 shares traded in last market. With a market cap of 2.71M USD, the company’s current market price of $3.00 came falling about -5.66 while comparing to the previous closing price of $3.18. 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 $2.96 while lowest mark touched by it was $3.2441.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $3.02, while its current price level is -99.94% below from 52-week high level whereas it is 20.00% 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 $4.46 while that of 200 days or SMA-200 reads an average of $254.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.58% during that period while stretching the period over a month that increases to 9.70%. 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 39.44 which implies that the stock is in neutral territory.

Over the week, TRNR’s stock price is moving 5.26% up while it is 3.81% when we observe its performance for the past one month. Year-to-date it is 5.26% up and over the past year, the stock is showing a downside performance of -99.90%.

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 -1.27. Stock has a price to book (P/B) ratio of 0.09 while price to sale or P/S ratio amounts to 0.85. Its return on asset (ROA) is -144.85% on average.