Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Interactive Strength Inc (NASDAQ: TRNR) closed the day trading at $1.32 down -13.73% from the previous closing price of $1.53. In other words, the price has decreased by -$13.73 from its previous closing price. On the day, 2.14 million shares were traded. TRNR stock price reached its highest trading level at $1.6399 during the session, while it also had its lowest trading level at $1.2001.
Ratios:
For a better understanding of TRNR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.39. In the meantime, Its Debt-to-Equity ratio is 2.52 whereas as Long-Term Debt/Eq ratio is at 0.73.
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 1850811 and an Enterprise Value of 17741940. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 0.04. Its current Enterprise Value per Revenue stands at 12.045 whereas that against EBITDA is -0.56.
Stock Price History:
The Beta on a monthly basis for TRNR is -1.01, which has changed by -0.9994375 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, TRNR has reached a high of $4760.00, while it has fallen to a 52-week low of $1.49. The 50-Day Moving Average of the stock is -50.78%, while the 200-Day Moving Average is calculated to be -99.14%.
Shares Statistics:
Over the past 3-months, TRNR traded about 1.35M shares per day on average, while over the past 10 days, TRNR traded about 169390 shares per day. A total of 0.04M shares are outstanding, with a floating share count of 0.90M. Insiders hold about 0.17% of the company’s shares, while institutions hold 0.28% stake in the company. Shares short for TRNR as of 1730332800 were 8045 with a Short Ratio of 0.04, compared to 1727654400 on 670. Therefore, it implies a Short% of Shares Outstanding of 8045 and a Short% of Float of 4.6899999999999995.
