Market Momentum: Peloton Interactive Inc (PTON) Registers a 3.16 Increase, Closing at 4.90

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Peloton Interactive Inc (NASDAQ: PTON) closed the day trading at $4.90 up 3.16% from the previous closing price of $4.75. In other words, the price has increased by $3.16 from its previous closing price. On the day, 12.16 million shares were traded. PTON stock price reached its highest trading level at $4.925 during the session, while it also had its lowest trading level at $4.61.

Ratios:

For a better understanding of PTON, let’s look at its different ratios. 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:

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 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 1844453120 and an Enterprise Value of 3225655040. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68. Its current Enterprise Value per Revenue stands at 1.195 whereas that against EBITDA is -9.73.

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 26.84%, while the 200-Day Moving Average is calculated to be 14.01%.

Shares Statistics:

Over the past 3-months, PTON traded about 15.84M shares per day on average, while over the past 10 days, PTON traded about 10854290 shares per day. A total of 358.12M shares are outstanding, with a floating share count of 319.83M. Insiders hold about 15.04% 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 4.18, compared to 1722384000 on 69479077. Therefore, it implies a Short% of Shares Outstanding of 66220711 and a Short% of Float of 20.719999.

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