Peloton Interactive Inc [NASDAQ: PTON] loss -3.75% on the last trading session, reaching $3.08 price per share at the time.
If compared to the average trading volume of 15.44M shares, PTON reached a trading volume of 11767240 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Here is what top equities market gurus are saying 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 $4.81 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 2.95. 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.
Wolfe Research have made an estimate for Peloton Interactive Inc shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on July 16, 2024. While these analysts kept the previous recommendation, Citigroup dropped their target price from $8 to $4. The new note on the price target was released on May 06, 2024, representing the official price target for Peloton Interactive Inc stock. Previously, the target price had yet another drop from $8 to $3.80, while Bernstein kept a Mkt Perform rating on PTON stock. On April 29, 2024, analysts decreased their price target for PTON shares from 5 to 4.
The Average True Range (ATR) for Peloton Interactive Inc is set at 0.23, with the Price to Sales ratio for PTON stock in the period of the last 12 months amounting to 0.42.
Trading performance analysis for PTON stock
Peloton Interactive Inc [PTON] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.62. With this latest performance, PTON shares dropped by -10.98% in over the last four-week period, additionally sinking by -27.36% over the last 6 months – not to mention a drop of -65.97% 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 34.39, with the RSI for the last a single of trading hit 27.16, and the three-weeks RSI is set at 38.86 for Peloton Interactive Inc [PTON]. The present Moving Average for the last 50 days of trading for this stock 3.55, while it was recorded at 3.37 for the last single week of trading, and 4.46 for the last 200 days.
Peloton Interactive Inc [PTON]: A deeper dive into fundamental analysis
Peloton Interactive Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.43 and a Current Ratio set at 1.91.
An analysis of Institutional ownership at Peloton Interactive Inc [PTON]
The top three institutional holders of PTON stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in PTON stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in PTON stock with ownership which is approximately 5.1238%.