Interactive Strength Inc (TRNR) Down -99.89% From Its 52-Week High, But Growth Potential Is Changing Over Time

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 12.11M but it saw 6981486 shares traded in last market. With a market cap of 3.21M USD, the company’s current market price of $2.14 came falling about -16.08 while comparing to the previous closing price of $2.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $1940.00 and as low as $0.86.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $1.54, while its current price level is -99.89% below from 52-week high level whereas it is 150.20% 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 $2.22 while that of 200 days or SMA-200 reads an average of $101.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 63.53% during that period while stretching the period over a month that decreases to 35.72%. 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 54.68 which implies that the stock is in neutral territory.

Over the week, TRNR’s stock price is moving 71.20% up while it is 3.38% when we observe its performance for the past one month. Year-to-date it is -24.91% down and over the past year, the stock is showing a downside performance of -99.89%.

The company is expected to be releasing its next quarterly report in April, 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 with 0.05% of that held by the insiders while 1.62% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -405.82% and return on equity (ROE) at -1470.61%. Stock’s beta reads -1.84. Stock has a price to book (P/B) ratio of 0.06 while price to sale or P/S ratio amounts to 1.01. Its return on asset (ROA) is -144.85% on average.