Peloton Interactive Inc. [PTON] is -31.36% lower this YTD. Is it still time to buy?

Peloton Interactive Inc. [NASDAQ: PTON] plunged by -$0.37 during the normal trading session on Friday and reaching a high of $5.845 during the day while it closed the day at $5.45. The company report on September 7, 2023 at 10:00 AM that Peloton Announces Expansion of Product Offerings in Canada with Addition of Peloton Row.

Peloton Row will bring low-impact, high-reward workouts to the Canadian market this holiday season.

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– Today, Peloton (NASDAQ: PTON) announced the Peloton Row will be available in Canada this holiday season. The addition of Peloton Row will bring a unique low-impact, full-body cardio and strength workout to the existing portfolio of Peloton equipment in the market, including Peloton Bike, Peloton Bike+, Peloton Guide and Peloton Tread. Canadians can sign-up to be among the first to know when Peloton Row officially goes on sale at

Peloton Interactive Inc. stock has also loss -14.58% of its value over the past 7 days. However, PTON stock has declined by -33.70% in the 3 months of the year. Over the past six months meanwhile, it has lost -57.22% and lost -31.36% year-on date.

The market cap for PTON stock reached $2.08 billion, with 355.42 million shares outstanding and 316.33 million shares in the current float. Compared to the average trading volume of 10.99M shares, PTON reached a trading volume of 14752228 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Peloton Interactive Inc. [PTON]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PTON shares is $8.14 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PTON stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Macquarie have made an estimate for Peloton Interactive Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 30, 2023.

The Average True Range (ATR) for Peloton Interactive Inc. is set at 0.50, with the Price to Sales ratio for PTON stock in the period of the last 12 months amounting to 0.74.

PTON stock trade performance evaluation

Peloton Interactive Inc. [PTON] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -14.58. With this latest performance, PTON shares dropped by -33.46% in over the last four-week period, additionally sinking by -57.22% over the last 6 months – not to mention a drop of -39.24% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PTON stock in for the last two-week period is set at 31.35, with the RSI for the last a single of trading hit 27.59, and the three-weeks RSI is set at 34.66 for Peloton Interactive Inc. [PTON]. The present Moving Average for the last 50 days of trading for this stock 7.81, while it was recorded at 6.10 for the last single week of trading, and 9.72 for the last 200 days.

Peloton Interactive Inc. [PTON]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Peloton Interactive Inc. [PTON] shares currently have an operating margin of -26.37 and a Gross Margin at +30.52. Peloton Interactive Inc.’s Net Margin is presently recorded at -45.06.

Return on Equity for this stock declined to -847.35, with Return on Assets sitting at -37.12.

Peloton Interactive Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 2.20.

Peloton Interactive Inc. [PTON]: Institutional Ownership

The top three institutional holders of PTON stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in PTON stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in PTON stock with ownership which is approximately 5.7381%.

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