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The price of Peloton Interactive Inc (NASDAQ: PTON) closed at $2.89 in the last session, down -3.34% from day before closing price of $2.99. In other words, the price has decreased by -$3.34 from its previous closing price. On the day, 6.43 million shares were traded. PTON stock price reached its highest trading level at $3.01 during the session, while it also had its lowest trading level at $2.86.
Ratios:
We take a closer look at PTON’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.91.
On May 06, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $8 to $4.
Bernstein Downgraded its Outperform to Mkt Perform on May 03, 2024, whereas the target price for the stock was revised from $8 to $3.80.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 01 ’24 when KAREN BOONE bought 15,080 shares for $3.43 per share.
CHRISTOPHER LOREN BRUZZO bought 15,113 shares of PTON for $51,674 on Aug 01 ’24. On Aug 01 ’24, another insider, Boone Karen, who serves as the Interim Co-CEO and President of the company, sold 15,080 shares for $3.43 each. As a result, the insider received 51,675 and left with 141,522 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 1108734080 and an Enterprise Value of 2589853440. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40. Its current Enterprise Value per Revenue stands at 0.96 whereas that against EBITDA is -5.807.
Stock Price History:
Over the past 52 weeks, PTON has reached a high of $8.51, while it has fallen to a 52-week low of $2.70. The 50-Day Moving Average of the stock is -18.22%, while the 200-Day Moving Average is calculated to be -34.72%.
Shares Statistics:
According to the various share statistics, PTON traded on average about 13.63M shares per day over the past 3-months and 9452080 shares per day over the past 10 days. A total of 338.75M shares are outstanding, with a floating share count of 328.57M. Insiders hold about 11.39% of the company’s shares, while institutions hold 72.43% stake in the company. Shares short for PTON as of 1721001600 were 73139792 with a Short Ratio of 5.10, compared to 1718323200 on 67979379. Therefore, it implies a Short% of Shares Outstanding of 73139792 and a Short% of Float of 23.28.
