Interactive Strength Inc (NASDAQ: TRNR) – Time For Strategy Change?

Interactive Strength Inc (NASDAQ:TRNR) currently has a daily average trading volume of 13.86M but it saw 2360383 shares traded in last market. With a market cap of 7.81M USD, the company’s current market price of $0.86 came rising about 13.96 while comparing to the previous closing price of $0.76. In past 52 weeks, the stock remained buoying in the range of price level as high as $996.00 and as low as $0.56.

Taking a look at 20-day trading activity of Interactive Strength Inc (TRNR) gives us an average price of $0.7361, while its current price level is -99.91% below from 52-week high level whereas it is 54.17% 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 $1.0540 while that of 200 days or SMA-200 reads an average of $12.8113. A closer look into the stock’s movement over the week reveals that its volatility is standing at 17.09% during that period while stretching the period over a month that decreases to 11.92%. 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 52.10 which implies that the stock is in neutral territory.

Over the week, TRNR’s stock price is moving 38.65% up while it is -14.50% when we observe its performance for the past one month. Year-to-date it is -69.70% 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 0.51% 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 -0.04. Stock has a price to book (P/B) ratio of 0.17 while price to sale or P/S ratio amounts to 1.45. Its return on asset (ROA) is -137.07% on average.