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The closing price of Peloton Interactive Inc (NASDAQ: PTON) was $4.73 for the day, up 10.77% from the previous closing price of $4.27. In other words, the price has increased by $10.77 from its previous closing price. On the day, 12.45 million shares were traded. PTON stock price reached its highest trading level at $4.75 during the session, while it also had its lowest trading level at $4.35.
Ratios:
Our analysis of PTON’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.85.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on August 23, 2024, Reiterated its Market Perform rating but revised its target price to $5 from $4 previously.
On August 23, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $7 to $5.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 03 ’24 when Coddington Elizabeth F sold 56,084 shares for $4.50 per share. The transaction valued at 252,501 led to the insider holds 186,466 shares of the business.
ELIZABETH F CODDINGTON bought 56,084 shares of PTON for $261,351 on Sep 03 ’24. On Aug 23 ’24, another insider, Caldwell Nick V., who serves as the Chief Product Officer of the company, bought 31,337 shares for $4.25 each. As a result, the insider paid 133,182 and bolstered with 31,337 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, PTON now has a Market Capitalization of 1780461952 and an Enterprise Value of 3161663744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66. Its current Enterprise Value per Revenue stands at 1.171 whereas that against EBITDA is -9.537.
Stock Price History:
Over the past 52 weeks, PTON has reached a high of $7.24, while it has fallen to a 52-week low of $2.70. The 50-Day Moving Average of the stock is 26.16%, while the 200-Day Moving Average is calculated to be 9.36%.
Shares Statistics:
PTON traded an average of 15.87M shares per day over the past three months and 13798910 shares per day over the past ten days. A total of 358.12M shares are outstanding, with a floating share count of 319.81M. Insiders hold about 15.02% of the company’s shares, while institutions hold 78.13% stake in the company. Shares short for PTON as of 1724976000 were 66220711 with a Short Ratio of 4.17, compared to 1722384000 on 69479077. Therefore, it implies a Short% of Shares Outstanding of 66220711 and a Short% of Float of 20.719999.
