Spotting A Winner: Interactive Strength Inc (NASDAQ: TRNR) Retreats -4.03 And It Still Have Room To Run

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 13.28M but it saw 288090 shares traded in last market. With a market cap of 5.36M USD, the company’s current market price of $0.65 came falling about -4.03 while comparing to the previous closing price of $0.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $996.00 and as low as $0.63. In the recent trading on the day, stock has struck highest price mark of $0.62 while lowest mark touched by it was $0.67.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $0.8817, while its current price level is -99.93% below from 52-week high level whereas it is 3.59% 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 $1.2234 while that of 200 days or SMA-200 reads an average of $16.7472. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.82% during that period while stretching the period over a month that increases to 15.79%. 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 -15.84% down while it is -46.95% when we observe its performance for the past one month. Year-to-date it is -77.11% down and over the past year, the stock is showing a downside performance of -99.92%.

The company is expected to be releasing its next quarterly report in June, 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 0.01% 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 -0.66. Stock has a price to book (P/B) ratio of 0.13 while price to sale or P/S ratio amounts to 1.00. Its return on asset (ROA) is -137.07% on average.