Interactive Strength Inc (NASDAQ: TRNR) Now $0.80 Higher From Its Low (0.15), Does It Still Have A Growth Story?

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 13.17M but it saw 462199 shares traded in last market. With a market cap of 7.56M USD, the company’s current market price of $0.95 came falling about -3.06 while comparing to the previous closing price of $0.98. In past 52 weeks, the stock remained buoying in the range of price level as high as $996.00 and as low as $0.80. In the recent trading on the day, stock has struck highest price mark of $0.88 while lowest mark touched by it was $0.9686.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $1.0715, while its current price level is -99.90% below from 52-week high level whereas it is 18.71% 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 $1.3323 while that of 200 days or SMA-200 reads an average of $21.0331. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.53% during that period while stretching the period over a month that increases to 16.40%. 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 40.19 which implies that the stock is in neutral territory.

Over the week, TRNR’s stock price is moving -9.52% down while it is -21.49% when we observe its performance for the past one month. Year-to-date it is -66.67% down and over the past year, the stock is showing a downside performance of -99.87%.

Currently, Interactive Strength Inc’s total number of outstanding shares is 0.04M with 0.01% of that held by the insiders while 0.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -479.53% and return on equity (ROE) at -4470.12%. Stock’s beta reads -0.86. Stock has a price to book (P/B) ratio of 0.19 while price to sale or P/S ratio amounts to 1.41. Its return on asset (ROA) is -137.07% on average.