Interactive Strength Inc [TRNR] Is Currently 79.05 above its 200 Period Moving Avg: What Does This Mean?

Interactive Strength Inc [NASDAQ: TRNR] closed the trading session at $0.62.

The stocks have a year to date performance of -98.19 percent and weekly performance of 38.07 percent. The stock has been moved at -97.75 percent over the last six months. The stock has performed -29.72 percent around the most recent 30 days and changed -90.29 percent over the most recent 3-months.

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If compared to the average trading volume of 1.39M shares, TRNR reached to a volume of 92842578 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 Interactive Strength Inc [TRNR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TRNR shares is $60.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TRNR stock is a recommendation set at 1.00. 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.

The Average True Range (ATR) for Interactive Strength Inc is set at 0.25, with the Price to Sales ratio for TRNR stock in the period of the last 12 months amounting to 2.13. The Price to Book ratio for the last quarter was 5.30, with the Price to Cash per share for the same quarter was set at 0.00.

TRNR stock trade performance evaluation

Interactive Strength Inc [TRNR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 38.07. With this latest performance, TRNR shares dropped by -29.72% in over the last four-week period, additionally sinking by -97.75% over the last 6 months – not to mention a drop of -98.94% 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 TRNR stock in for the last two-week period is set at 37.49, with the RSI for the last a single of trading hit 46.60, and the three-weeks RSI is set at 34.35 for Interactive Strength Inc [TRNR]. The present Moving Average for the last 50 days of trading for this stock 2.0789, while it was recorded at 0.4414 for the last single week of trading, and 18.7241 for the last 200 days.

Interactive Strength Inc [TRNR]: An insightful look at the core fundamentals

Interactive Strength Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.03 and a Current Ratio set at 0.23.

Interactive Strength Inc [TRNR]: Institutional Ownership

The top three institutional holders of TRNR 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 TRNR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in TRNR stock with ownership which is approximately 5.1238%.

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