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The price of Peloton Interactive Inc (NASDAQ: PTON) closed at $3.20 in the last session, down -0.93% from day before closing price of $3.23. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 11.0 million shares were traded. PTON stock price reached its highest trading level at $3.265 during the session, while it also had its lowest trading level at $3.14.
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 19 ’24 when Cotter Jennifer Cunningham sold 47,327 shares for $3.21 per share. The transaction valued at 152,010 led to the insider holds 100,269 shares of the business.
RENDICH ANDREW S sold 24,265 shares of PTON for $77,929 on Aug 19 ’24. The Chief Supply Chain Officer now owns 164,261 shares after completing the transaction at $3.21 per share. On Aug 19 ’24, another insider, JENNIFER CUNNINGHAM COTTER, who serves as the Officer of the company, bought 47,327 shares for $3.21 each.
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 1186604928 and an Enterprise Value of 2704805888. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44. Its current Enterprise Value per Revenue stands at 1.002 whereas that against EBITDA is -6.065.
Stock Price History:
Over the past 52 weeks, PTON has reached a high of $7.49, while it has fallen to a 52-week low of $2.70. The 50-Day Moving Average of the stock is -7.64%, while the 200-Day Moving Average is calculated to be -26.96%.
Shares Statistics:
According to the various share statistics, PTON traded on average about 13.47M shares per day over the past 3-months and 13232010 shares per day over the past 10 days. A total of 338.75M shares are outstanding, with a floating share count of 314.22M. Insiders hold about 15.26% of the company’s shares, while institutions hold 79.28% stake in the company. Shares short for PTON as of 1722384000 were 69479077 with a Short Ratio of 5.16, compared to 1719532800 on 68027596. Therefore, it implies a Short% of Shares Outstanding of 69479077 and a Short% of Float of 22.12.
