Market Watch: Interactive Strength Inc (TRNR)’s Noteworthy Drop, Closing at 0.91

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

As of close of business last night, Interactive Strength Inc’s stock clocked out at $0.91, down -15.76% from its previous closing price of $1.08. In other words, the price has decreased by -$15.76 from its previous closing price. On the day, 0.96 million shares were traded. TRNR stock price reached its highest trading level at $1.02 during the session, while it also had its lowest trading level at $0.8003.

Ratios:

To gain a deeper understanding of TRNR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.09 and its Current Ratio is at 0.31. In the meantime, Its Debt-to-Equity ratio is 1.65 whereas as Long-Term Debt/Eq ratio is at 0.02.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRNR now has a Market Capitalization of 1364891 and an Enterprise Value of 18849180. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at 3.504 whereas that against EBITDA is -0.817.

Stock Price History:

The Beta on a monthly basis for TRNR is -0.98, which has changed by -0.9990481 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, TRNR has reached a high of $1100.00, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is -41.49%, while the 200-Day Moving Average is calculated to be -97.11%.

Shares Statistics:

It appears that TRNR traded 12.67M shares on average per day over the past three months and 1286820 shares per day over the past ten days. A total of 0.04M shares are outstanding, with a floating share count of 7.95M. Insiders hold about 0.10% of the company’s shares, while institutions hold 0.30% stake in the company. Shares short for TRNR as of 1741910400 were 452369 with a Short Ratio of 0.04, compared to 1739491200 on 91065. Therefore, it implies a Short% of Shares Outstanding of 452369 and a Short% of Float of 30.159999999999997.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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