Gaining Ground: Peloton Interactive Inc (PTON) Closes Lower at 4.81, Down -3.22

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The price of Peloton Interactive Inc (NASDAQ: PTON) closed at $4.81 in the last session, down -3.22% from day before closing price of $4.97. In other words, the price has decreased by -$3.22 from its previous closing price. On the day, 11.95 million shares were traded. PTON stock price reached its highest trading level at $5.13 during the session, while it also had its lowest trading level at $4.8.

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 1.37 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:

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 Sep 16 ’24 when Coddington Elizabeth F sold 36,819 shares for $4.74 per share. The transaction valued at 174,408 led to the insider holds 171,466 shares of the business.

ELIZABETH F CODDINGTON bought 36,819 shares of PTON for $174,154 on Sep 16 ’24. On Sep 03 ’24, another insider, Coddington Elizabeth F, who serves as the Chief Financial Officer of the company, sold 56,084 shares for $4.50 each. As a result, the insider received 252,501 and left with 186,466 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 1810575360 and an Enterprise Value of 3191777280. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67. Its current Enterprise Value per Revenue stands at 1.182 whereas that against EBITDA is -9.628.

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 20.79%, while the 200-Day Moving Average is calculated to be 12.65%.

Shares Statistics:

According to the various share statistics, PTON traded on average about 16.03M shares per day over the past 3-months and 11551890 shares per day over the past 10 days. A total of 358.12M shares are outstanding, with a floating share count of 319.83M. Insiders hold about 15.03% of the company’s shares, while institutions hold 78.15% stake in the company. Shares short for PTON as of 1726185600 were 66044460 with a Short Ratio of 4.12, compared to 1723680000 on 65203555. Therefore, it implies a Short% of Shares Outstanding of 66044460 and a Short% of Float of 20.66.

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