Analyzing Interactive Strength Inc (TRNR)’s quick and current ratios

Interactive Strength Inc (NASDAQ: TRNR) closed the day trading at $0.40 down -18.16% from the previous closing price of $0.49. In other words, the price has decreased by -$0.0980 from its previous closing price. On the day, 590845 shares were traded.

Ratios:

For a better understanding of TRNR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.05 and its Current Ratio is at 0.31.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 01 when Wickens Bradley James bought 5,000 shares for $5.22 per share. The transaction valued at 26,080 led to the insider holds 1,704,891 shares of the business.

Wickens Bradley James bought 20,000 shares of TRNR for $114,216 on May 22. The 10% Owner now owns 1,699,891 shares after completing the transaction at $5.71 per share. On May 17, another insider, Wickens Bradley James, who serves as the 10% Owner of the company, bought 3,940 shares for $3.98 each. As a result, the insider paid 15,675 and bolstered with 1,679,891 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRNR now has a Market Capitalization of 7.01M and an Enterprise Value of 14.58M. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.86. Its current Enterprise Value per Revenue stands at 14.99 whereas that against EBITDA is -0.29.

Stock Price History:

Over the past 52 weeks, TRNR has reached a high of $8.50, while it has fallen to a 52-week low of $0.46. The 50-Day Moving Average of the stock is 0.7454, while the 200-Day Moving Average is calculated to be 1.7802.

Shares Statistics:

Over the past 3-months, TRNR traded about 558.31K shares per day on average, while over the past 10 days, TRNR traded about 3.24M shares per day. A total of 14.33M shares are outstanding, with a floating share count of 3.71M. Insiders hold about 73.81% of the company’s shares, while institutions hold 0.65% stake in the company. Shares short for TRNR as of Feb 15, 2024 were 128.02k with a Short Ratio of 0.23, compared to 152.95k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.89% and a Short% of Float of 2.15%.

Earnings Estimates

Current recommendations for the stock of the company come from 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

Most Popular

[the_ad id="945"]